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Updated almost 4 years ago, 02/10/2021

Darien Terrell's profile image
Darien Terrell's profile image
Darien Terrell
  • Member since May 8, 2020
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Darien Terrell's profile image
Darien Terrell's profile image
Darien Terrell
  • Member since May 8, 2020
Connect
Darien Terrell
5
Votes |
9
Posts
Starting Out

First Multi Family Purchase

Darien Terrell
Posted

Hi All, 

I am looking to purchase my first multi-family property to owner occupy in the Akron/Canton area. My plan is to househack for a year and then transfer the property to an LLC after 12 months. I'm looking to put a downpayment of 3% - 5%. For this specific scenario, would you suggest an FHA or a conventional loan and why?

Cheers

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