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Updated almost 9 years ago,
duplex in Quincy - Owner Occupied - Have to start somewhere
Hi Team,
I would be happy to network with some Mass / Rhode Island BPers.
In the next few months to the next year, I am looking to get into a Duplex / Triplex on the Commuter Lines into Boston. Either somewhere like Canton, Randolph, Brockton, Braintree,Quincy or even providence or Attleboro.
I personally commute, and know a lot who also commute from Providence to Boston, and I think Naturally it is going to become more popular. I would like to get a FHA loan for a duplex around 400,000.
Here is my first newbie question (and trust me...i don't want to ask).
1. Can someone pre-qualify for a FHA loan? So they can bring it straight to a seller?
if not.....
2. Is there a way besides bringing a cash offer to the a for sale by owner - where I could speed up the sale? Because I heard the whole process of the sale can take 4 months. - or is that for realtor listed homes....
GO easy on me.
- Samcro.
Here is an example: