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Updated over 8 years ago,
Low-no money down payment start out stratagies
Good Day!
Helping out other people while passing on your knowledge brings great satisfaction.
What are the arguments For OR Against:
1) saving $30K over two years to put down for a FHA loan on a four unit then moving into it (HouseHacking)
Or
2) Getting a single family home using an USDA loan with down payment assistance.
Create equity over a year or so then get a HELOC against that property.
Use that HELOC to purchase a fourplex with a FHA loan and then move into the fourplex.
House Hacking the 4plex as well as renting out the single family that you originally bought with the USDA.
I knew i had to ask this question to the bigger pockets community!