All Forum Posts by: Matthew Griffiths
Matthew Griffiths has started 1 posts and replied 3 times.
Post: Investor from Lansing,MI
- Evansville, IN
- Posts 4
- Votes 0
Hello Paul, I am new to this site as well, but have family that lives in Michigan. I actually almost accepted a job in the Lansing area not to long ago!
Post: Hello from Evansville, IN
- Evansville, IN
- Posts 4
- Votes 0
I realize I forgot to actually ask my question. I will also be posting my question in the lending/mortgage advice forum, but for those interested I will ask here as well.
As stated, I am finishing graduate school to become a Physician Assistant, but unfortunately have around $110,000 in student loans. My wife and I would prefer to rent if we can find an affordable and good location, but with our timeline and 3 large dogs (2 German Shepherds and a pit bull mix rescue) I am skeptical about what we will find. Therefore, we are considering a purchase. We can easily afford a $300k home and have the full 20% down payment, but obviously would prefer to put that nest egg toward my loans.
As a Physician Assistant (PA), I am a healthcare provider. I was wondering if anyone is aware of companies that provide "physician loans" to PAs as well? As I understand it, a "physician loan" allows a much lower down payment, sometimes as little as 0% down, without having to pay PMI. This would be ideal as it would allow us to put our nest egg mostly toward my loans. We may do more of a "starter home" with a significantly lower purchase price, but we would still prefer to take advantage of a "physician loan" if available.
Anyone have any experience or information regarding this? Thank you in advance.
Post: Hello from Evansville, IN
- Evansville, IN
- Posts 4
- Votes 0
Hello everyone, I am currently a grad student who is about to graduate in less than two months!! I am very interested in real estate as an investment in the future and am looking to learn, but have some questions regarding potentially purchasing a home as a new graduate.
Before I get to my question, I currently live in Memphis, TN with my wife and 3 dogs! Upon graduating from school we will be moving to Evansville for a new job I recently accepted, so I consider it home already.
I will be working in healthcare, but as I build capital I would like to become more involved in real estate as an investment to hopefully build passive income.