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Updated almost 2 years ago on . Most recent reply

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Julian Hickman
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Baby steps in the Pittsburgh Market

Julian Hickman
Posted

Hello! 

I am just starting out and wanted to see if there were any seasoned investors/landowners in the Pittsburgh area. I am currently a renter and I am considering for my first investment to secure a FHA fixed loan to purchase a duplex and move into one of the units and rent out the other to get my feet wet. Any advice or someone willing to go get a cup of coffee?

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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Julian Hickman Best way to get started! I've done 6 house hacks myself to take as much advantage as I can of the low down payment owner occupant loans. I would try and get a 3-4 unit though if you can. Duplexes are tougher to cash flow nowadays with the higher interest rates and a high leverage loan like the FHA. Still possible to live for free in decent areas with 3-4 units.

  • Jeremy Taggart
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DHRE- The Jeremy Taggart Team
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