All Forum Posts by: Jacob Walls

I'm a first time home buyer. I'm looking at a duplex currently, if it's my primary residence then I would qualify for FHA loan right? If so how long does it have to be my primary residence before I could rent out both units for income property?

Also, if I buy another house later on to move in for my primary residence can you qualify for fha loan for 5% down?

@Matthew Baltzell I certainly will. Thank you!

@Josh Calcanis That’s awesome. Thanks for the reply. I would love to get to the point of doing a deal about every 12-15 months. I just need to educate myself on being able to evaluate deals to make sure they are in my interest.

Thanks!

@David Baier Hi David, I am looking for more of a longer term investment property. Not a flip at this time, possibly in the future. I have a current full time job so I want to find a deal that doesn’t have a lot of risk but small reward so I can familiarize myself with the process in general if that makes sense.

Hello BP,

Looking for my first “deal.” I’m tying to stay in a local market since this will be my first time. I’m in the central Florida area. What is the best way to find a deal in the market? Better to look in a more populated area? Orlando, Jacksonville etc? Or a smaller market maybe on the coast or in between these bigger markets? Any input would be greatly appreciated especially if you have history in the market.

Thank you,

Jake Walls