All Forum Posts by: Xavier Garcia

@Pete Perez Would you be opposed to keeping me posted on your progress?

@Corey Woodruff @Pete Perez

Thank you both for the replies. I spoke to a gal that works in the credit union in my office building. She handles mortgages and she says that she can get me pre-approved for FHA and that there is even a chance of being able to go in with 0% down. I am not sure what terms the mortgage entails, but it sure sounds enticing. I'm not sure what I will be approved for, but is it imperative that I have a pre-approval ahead of time, so that I know what range I am looking at?

Hello all,

I am relatively new to the bigger pockets community. I learned about these forums from reading the bigger pockets books. I recall the author's experience being that he found a good deal on his first place, did a bit of work and was able to buy his second property using the equity from his first place as a down payment for the new one. Right now, I believe I am going through some analysis paralysis and I feel kind of stuck. I am considering FHA, but I'd like to know what to be on the lookout for. I am looking to find someone in the PNW or close to the central Washington area that can give me some tips on where to find a good deal using FHA and how to pull some equity out of within a year in order to move onto my new investment. My long term goal is to start a small real estate company to where I don't have to work for wages anymore. Any help would be greatly appreciated.

Thanks