Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

3
Posts
0
Votes
Melody Bussey
  • New to Real Estate
  • Florida
0
Votes |
3
Posts

Are USDA loans worth it?

Melody Bussey
  • New to Real Estate
  • Florida
Posted

Hello all....super rookie here. 

I have run the numbers on a ton of properties and have finally located a few worth exploring. I already have preapproval so I'm good there. However, I just found out that all of these properties qualify for USDA. What are your thoughts on using that? Have any of you gone that route? I know as an investor I would not be able to use it, but the way I'm running this right now, I'm putting my daughter into the home (while she attends college) and setting it up as her first time home buy (so then we would qualify). Once she leaves school, my thinking was to convert it over to the RE biz. Love your thoughts on that plan as well. 

Thanks!!!!

Loading replies...