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Updated about 8 years ago on . Most recent reply

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13
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4
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Tijana Flowers-Harris
  • Raleigh, NC
4
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13
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What are my options for starting out?

Tijana Flowers-Harris
  • Raleigh, NC
Posted
Hi. I'd like to get started on something by June. I have 10k saved. I filed for bankruptcy and it was discharged in March 2015. I now have a credit score of 700. Im looking for REO properties in southeastern MA for no more than 175k. These homes are typically three families with 3 beds and 1 bath going for $900 in rent. I only qualify for an FHA loan because of the bankruptcy, but was wondering if this is the route I should take? I'm a single mom of three boys, so if I need to get started ASAP!

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5
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3
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Nick Robinson
  • Rexburg, ID
3
Votes |
5
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Nick Robinson
  • Rexburg, ID
Replied

Very interested in following this thread. I just filed and want to invest once I have the credit to do it. So I'm mostly just going to follow the discussion....

I do have a couple of questions for you though! Is house hacking an option? From my understanding you have to live in one of the units to get an FHA right?

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