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Updated almost 4 years ago, 01/29/2021
Funding first deal from long distance
Hey everyone, I'm working on finding and funding my first deal from long distance so I don't plan to house hack which I believe takes away the option of a low money down FHA loan? Any suggestions for other low money down strategies for someone's first deal?
Hi Ben, I see this post was 9 months ago, so before i comment about low money down strategies, I wonder if I should ask if the topic is stale. Have you already made an investment? Are you still in Chicago? Is there any type of property you are focusing on in your search?
@Account Closed - Hopefully by now you closed your deal, do you have any update?
Were you planning on investing in Chicago? OR where exactly were you planning to invest long distance?
Probably hard money would be the path of least resistance.
- Jonathan Klemm
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