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Updated almost 10 years ago, 04/05/2015

Derone Patterson's profile image
Derone Patterson's profile image
Derone Patterson
  • Investor
  • from Philadelphia, Pennsylvania
  • Member since Oct 21, 2013
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User Stats

65
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5
Votes
Derone Patterson's profile image
Derone Patterson's profile image
Derone Patterson
  • Investor
  • from Philadelphia, Pennsylvania
  • Member since Oct 21, 2013
Connect
Derone Patterson
  • Investor
  • Philadelphia, PA
5
Votes |
65
Posts
Starting Out

Fha loans

Derone Patterson
  • Investor
  • Philadelphia, PA
Posted

Im looking to buy for first multi-family house with an FHA loan. My question is should I wait 3 to 5 more years to save up 20% downpayment or would it be a good idea start with 3.5% down? I do feel like I should put 20% down but I also don't want to wait that long. Is an FHA loan for Multi-families a good way to go? Thanks for reading this and answering my questions.

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