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Updated about 5 years ago on . Most recent reply

User Stats

49
Posts
9
Votes
Marcele Johnson
  • Rental Property Investor
  • Chicago, IL
9
Votes |
49
Posts

Trying to become an investor

Marcele Johnson
  • Rental Property Investor
  • Chicago, IL
Posted

Hi I’m currently looking to by my first home which is a multi family and I don’t know what I’m doing at all but I do have a real estate agent and I’ve been pre approved for an fha loan I just would like tips on dos and don’t s so I don’t fall flap on my face and any general advice would be greatly appreciated and accepted thanks in advance

Most Popular Reply

User Stats

55
Posts
16
Votes
Bailey A.
  • Investor
  • Fort Worth
16
Votes |
55
Posts
Bailey A.
  • Investor
  • Fort Worth
Replied
Originally posted by @Marcele Johnson:

Hi I’m currently looking to by my first home which is a multi family and I don’t know what I’m doing at all but I do have a real estate agent and I’ve been pre approved for an fha loan I just would like tips on dos and don’t s so I don’t fall flap on my face and any general advice would be greatly appreciated and accepted thanks in advance

Have you considered the HomePossible loan? You can eventually cancel the PMI with this loan versus the FHA. I originally thought FHA too until someone told me about it. Its worth checking out and could put more money in your pocket!

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