All Forum Posts by: Fatima Champagne

Hey Geraldine,

I'm in Philadelphia and new to investing as well. I'm hoping to purchase my first duplex or 4 unit sometime next year *fingers crossed*.

@Christopher Munson thank you. What is the purpose of a mortgage broker? I have never purchased a home before and am unaware of all the players involved. 

Hey @Account Closed thanks for the info. I imagine that a 3 or 4 unit will cost a bit more than my duplex. Do you know if the 3.5% rate still stands when dealing with the cost of a 4 unit vs a duplex? 

Thank you @Umar Javaid

Hey everyone, my name is Fatima Champagne and I'm new BiggerPockets as well as the real estate investing scene. My current goal is to obtain a duplex in the Philadelphia or surrounding area, with me living on one side and renting out the other. I realize that patience will be one my greatest assets during this endeavor, so I'm looking forward to all the tips and specifics I pick up along the way. If anyone could provide guidance on how to get started - it would be greatly appreciated. I understand that I need a down payment of 20%, but other than that I'm unsure of the next steps to take.