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Updated almost 6 years ago, 03/03/2019
Any Recommendations for a first house-hack in Pittsburgh, PA?
Hi everyone,
I realize there may not be a "better or worse" answer to this question - all recommendations are greatly appreciated!
I graduate college in May and will be working an entry level position in Pittsburgh. I will only have about $10-12k in savings of which I plan to use to buy my first multi-family (FHA): live in one unit and rent the other(s). Should I focus my attention towards any specific type of property like turnkeys, or minimal rehab properties? Should I focus on occupied properties to limit the risk of vacancy costs? I am wondering if there are any critical tips to keep in mind when purchasing a first property with probably only a few entry-level paychecks in reserve.
Thank you all!
- John Steffen