Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

Account Closed
  • Dallas, TX
8
Votes |
30
Posts

Looking for tips on how to finance my first deal

Account Closed
  • Dallas, TX
Posted

For my first deal I want to purchase a duplex, three plex, or a four plex. I'm in my mid 20s with a good paying job and no debt. I'm not sure how I should finance the property. I've read a lot about 203K FHA loans and considering it, but I heard that I'd have to live in the property if that was the case. Which seems like an issue if I were to find a property that was fully occupied with long term leases. What would I do in that situation? Should I consider a conventional loan instead?

Loading replies...