Updated almost 5 years ago on . Most recent reply
House hack or flip houses
Hello bigger pockets I have a situation right now I’m getting preapproved to buy my first property I have a wanting to get a 2-4 Multiunit for my first property under fha I was looking to get approved for 325000 but I only got approve for 200,000 (I am still applying)
But I have a friend who also wants to get into
The investing scene and I was wondering just waiting another year and for this year maybe flip homes to increase the amount of money we have together and potential do brrrr so we can slowly Accumulate a small portfolio and keep going for their
The first Plan was for us to buy a home under fha each and from there acquire more property from there
this plan we just want to get our foot in the door and take it slow
The other plan is jumping straight in and taking everything and adjusting as we go
So wait to hear some suggestions which plan you would do I am greatly appreciate any device anybody can give me thanks