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Updated 5 months ago, 07/30/2024
Any investors in Allentown or Bethlehem PA?
Hello everyone,
I currently live in Flushing, NYC and looking to purchase a primary residence in Allentown/Bethlehem/Easton PA. It's more affordable and the location is relatively closer to NY/NJ.
I planned to purchase a home first, settle in, and look for a job closer if commuting is too much work. The lender I talked to requires a job closer to the PA area. Which makes sense since it's a mortgage as a primary home. For me, commuting is not going to be an issue. I work 3x/week and my partner lives close to my current workplace(NY). Finding my next job won't be an issue either. I work in a medical field and there's always a shortage. I did get preapproved for $500k with 10% down but I'm in search of a lender who will be more flexible with job distance.
1. Does anyone know of a bank or an investor-friendly lender who will approve a loan with commute to New York?
2. Is there any local REI group I can join? I'd be happy to connect with other investors in the area! I'd love to hear what the experiences have been like. Also, let me know if there's anything I can help with!