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Updated over 5 years ago,

User Stats

18
Posts
2
Votes
Mahdi Mortazavi
  • Realtor
  • Miami, FL
2
Votes |
18
Posts

Lender options for first time buyers

Mahdi Mortazavi
  • Realtor
  • Miami, FL
Posted

As a new investor which deal is better to Start with?

1-invest on a multifamily deal where I could stay and use one Unit for myself and rent others (house hacking)?

2-invest on a cheap but sure foreclosure apartment and flip it to gain interest?

(Please consider the fact to get a mortgage with 3.5 - 5 % down payment I'll need job verification w2 which I had till March for 2 years but I changed my career in March and started as a self employed)

Miami, Florida

I'm not sure If different lenders in the market matching my situation?

Thanks

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