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Updated about 4 years ago,
Buying first home and looking for investment advice
Hello,
Me and my brother are wanting to buy our first home together in Fort Worth, TX. We have saved up around $20k and have no big expenses or loans. We are interested in this being an investment instead of a forever home. My main questions are the following:
What kind of investment strategy should we do? (BRRRR, House Hack, Flip, etc)
What kind of mortgage should we be seeking? (FHA, Traditional, 15-year/30-year)
How do I find banks to inquire about a interest rates and submit pre-approvals?
What are the efficient steps to go about this? (Find a home first or get pre-approved and then find a realtor?)
I'm sorry if there questions are dumb but a lot of this stuff I have been reading can get confusing. If there are any videos I should watch or any beginner threads I should read please feel free to share them.
Thank you!