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Updated about 3 years ago,

David Parathundil's profile image
David Parathundil's profile image
David Parathundil
  • Rental Property Investor
  • from Tampa
  • Member since Feb 28, 2019
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User Stats

49
Posts
16
Votes
David Parathundil's profile image
David Parathundil's profile image
David Parathundil
  • Rental Property Investor
  • from Tampa
  • Member since Feb 28, 2019
Connect
David Parathundil
  • Rental Property Investor
  • Tampa
16
Votes |
49
Posts
Starting Out

FHA Loan Predicament

David Parathundil
  • Rental Property Investor
  • Tampa
Posted

If I get an FHA loan myself the property will be around 300k but if I partner with a cosigner I can get up to an 809K depending on the partners income after debt monthly. I plan to househack the property I get and am looking anywhere in Florida, but mainly in the Tampa Bay Area. Would it be better to get the property myself and 1031 it after a year or find a partner and give up equity for the larger property?

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