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Updated about 4 years ago,
First property question
Hi everyone!
I just have a quick question and would love to hear everyone’s thoughts. So to provide a little background, I have been studying real estate investing, househacking and connecting with people in the industry for a while and recently got pre qualified. I am an agent so I heavily utilize the mls, but inventory has been pretty low in the 2 markets I am looking in.
For my first property to househack I most likely am going to use an fha loan, but with the inventory being so low, do you think I should be looking other places like motivated seller lists and letters, ect.? Is it very true that if you find a good deal then people in your sphere/private money investors will want to fund it? Would I be better off to stay patient and keep looking daily and utilize that fha loan?
Thank you!
Kyle Curtin