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Updated about 8 years ago on . Most recent reply

Sterling Jackson's profile image
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Sterling Jackson
  • from Akron, Ohio
  • Member since Nov 28, 2016
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Sterling Jackson's profile image
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Sterling Jackson
  • from Akron, Ohio
  • Member since Nov 28, 2016
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Sterling Jackson
  • Akron, OH
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Starting Out

First time investor- Househacking a Duplex

Sterling Jackson
  • Akron, OH
Posted

Hey BP family!

So I am in the Akron, OH area looking to househack a duplex. I was pre approved for 150k, soI am unsure whether i should I look for properties up to 150k to maximize my cash flow and ROI? I would love some feedback, thank you.

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Brent Coombs's profile image
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Brent Coombs
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  • from Cleveland, Ohio
  • Member since Jan 20, 2015
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Brent Coombs
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  • from Cleveland, Ohio
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Brent Coombs
  • Investor
  • Cleveland, OH
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Brent Coombs
  • Investor
  • Cleveland, OH
Replied

Go for a FOUR-plex, applying for an FHA-approved loan, which only requires 3.5% deposit.

If you wonder about their suitability, how about posting their estimated numbers here? Cheers...

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