All Forum Posts by: Vincent Crane

If you get an FHA loan for a 4plex you only need to live in the property for a year

@J Scott Hey you can't make everyone happy that's for sure.

@J Scott Hahaha. Considering how much support Trump has had, I think it's clear that Americans want someone who's focused on economics and jobs. I'm sure you'd be in a similar arena as far as your focus. I interned for a senator in NC during college, a lot of real estate investors end up running for local senate/house and getting it in their home state. It might be something to consider if you get bored in your 50's and have nothing else to do haha.

How many of you are sitting on your cash and waiting until there's a downtown in prices?  Curious to see what you all have to say.

J Scott for President 2016

Can't wait

Welcome

Calm your horses... Realistically... You should buy a small multi like a duplex, triplex or 4plex. You'd be buying a home and an investment property all in one. And you can only have an FHA loan, one at a time, and if it's owner occupied.

Waiting 65 years for the lease to end isn't too bad I suppose

Great job getting start, you'll get better with every purchase you make. You deserve a pat on the back for jumping in.