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Updated over 3 years ago on . Most recent reply

User Stats

34
Posts
8
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Kenneth Gore
  • Rental Property Investor
  • Massachusetts
8
Votes |
34
Posts

You're First two deals. Financing

Kenneth Gore
  • Rental Property Investor
  • Massachusetts
Posted

How did you finance your first two deals? What loan types, FHA, VA cash? What's your story?

Most Popular Reply

User Stats

427
Posts
186
Votes
Jordan Williamson
  • Rental Property Investor
  • Cape Coral, FL
186
Votes |
427
Posts
Jordan Williamson
  • Rental Property Investor
  • Cape Coral, FL
Replied

Why so specific to two deals? lol. My first two deals where FHA house hacks. Bought my first duplex with 3.5% FHA owner occupied off market deal. A year later I refinanced into conventional because eI had a bunch of equity and then used my FHA again to purchase an additional house hack duplex with 3.5% down. I still own both duplexes to this day and they've about tripled in value and cashflow like Champs!

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