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Updated almost 11 years ago,
New investor - F.H.A. loans and downpayments
Hello,
Is is worth it to buy and hold if I don't have money for a down payment and can manage to get a 0 down duplex or triplex and the deal is right? Is it even possible to get those types of homes 0 down?
If not, what is a good time to buy in? Is it worth the wait for a couple years to save for a 20% down payment to obtain a conventional loan?
I am very ambitious to jump into the industry and my rental lease is up in 2 months. Should I buy a single family for myself while I save so I can rent it out later or renew a lease and save more capital?
Thank you in advance