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Updated over 3 years ago on . Most recent reply

User Stats

8
Posts
6
Votes
Destry B.
  • Rental Property Investor
  • Twin Cities, MN
6
Votes |
8
Posts

First Purchase Timeline

Destry B.
  • Rental Property Investor
  • Twin Cities, MN
Posted

Greetings BP!

New member and first time posting in the forum. Great late-night reading btw. I was curious when a good time would be to start looking at properties? My wife and I plan to purchase Summer of 2022 and house-hack a 2-4 unit property (first one).

Thank You,

Most Popular Reply

User Stats

438
Posts
260
Votes
Daniel Anshus
  • Realtor
  • Bloomington MN (bloomington, mn)
260
Votes |
438
Posts
Daniel Anshus
  • Realtor
  • Bloomington MN (bloomington, mn)
Replied

@Destry Brink welcome to your first post! I would recommend speaking with a lender to see what price point you could be approved for. It works well to do this in advance because if you need to work on something you have the time to do it. It is important to speak with a lender who is an investor and works with people who are first time house hackers. I have an awesome lender who house hacks himself and is a treasure trove of knowledge. I would love to connect you together.

I would recommend that you start actively looking at properties at least 4 months before you need to move. This gives time to find a great property and not make you feel rushed.

  • Daniel Anshus
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