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Updated almost 7 years ago,

User Stats

25
Posts
11
Votes
Joel Lopez
  • Rental Property Investor
  • Houston, TX
11
Votes |
25
Posts

My First Investment

Joel Lopez
  • Rental Property Investor
  • Houston, TX
Posted
Houston, Texas Will anybody give me a loan? I am unsure if I can go through a lender for some more insight. I am 19 working full time and making 35k a year. My credit score is 720, will I be able to get a loan from a bank.(If you believe so how much would I be able to lended) Multifamily vs single family? After looking into both property’s I feel a multifamily property would be better for me as I wish to live in a unit to benefit from being a first time buyer. But due to the higher price I feel I will have to buy a fixer upper/foreclosed to be able to afford it. Is a multifamily(4 Unit) better then a single family? Any advice is greatly appreciated, I’m also looking for a mentor or possibly show me the ropes.

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