All Forum Posts by: Michael Then
Michael Then has started 1 posts and replied 3 times.
Post: Purchasing of my first rental property.
Michael ThenPosted
- Posts 3
- Votes 2
@Jerry Padilla so let’s say I got the approval from my financing resource and I put the offer for the property. How do I go about getting the funds to the seller?
Post: Purchasing of my first rental property.
Michael ThenPosted
- Posts 3
- Votes 2
@Jerry Padilla I plan on house hacking my first investment. I read into the FHA and I saw that it's similar to the 203K loan in terms of me having to be a resident of the property. What will be the next step after I get the approval from the bank or lender?
Post: Purchasing of my first rental property.
Michael ThenPosted
- Posts 3
- Votes 2
I have finally decided to go on and make my first real estate investment. I have my eyes on this 3 family unit. I do not have the necessary funds for the transaction, do I make an offer to the seller or get the financing option from the bank first? Thank you.