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Updated about 4 years ago, 11/23/2020
Best places for first time home buyers in Philadelphia
I am moving to Philadelphia and actively looking to purchase a home in the upcoming near future. My goal is to live in this home with the idea of making this a great rental 2-3 years later.
I would love to see some market appreciation but ultimately a cash flowing property is what I look for I the end. Does anyone have any suggestions for areas?
Also, I’ve heard that Philadelphia has a very high transfer tax and closing costs making upfront fees and down payments a bit expensive. Though I do have a low six figure income I don’t have a ton saved. Any advice on how to make sure I can get pre approved?