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Updated about 4 years ago,

Charles J Reid's profile image
Charles J Reid's profile image
Charles J Reid
  • Realtor
  • Member since Dec 11, 2019
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Charles J Reid's profile image
Charles J Reid's profile image
Charles J Reid
  • Realtor
  • Member since Dec 11, 2019
Connect
Charles J Reid
  • Realtor
0
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5
Posts
Starting Out

FHA loans in New Jersey

Charles J Reid
  • Realtor
Posted

Looking to use fha loan for my first property investment, ideally a wedge duplex or up to four whatever numbers will make it work. It seems like MIP is going to eat all my cash flow. Is it possible to be in the green while living on sight in your first year? or will I have to come out of pocket for a little while and have to contribute towards the mortgage? Numbers definitely seem to work better when you can put down 20% lol. Thoughts?

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