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Updated almost 8 years ago on . Most recent reply

User Stats

34
Posts
6
Votes
Stephen Igbeka
  • Stoneham, MA
6
Votes |
34
Posts

The choices are real

Stephen Igbeka
  • Stoneham, MA
Posted

So I finally got pre qualified for a fha loan after months of applying. This is the first approval I have for a FHA loan (450k).

The dilemma is the guy who has helped me get pre qualified has multiple properties in lynn MA.  He has also been a landlord for years.I wanted to start in fall river/worcester area because of affordability. Do I just drop all my research I have put in in FR/Worcester and be mentored by this guy to purchase my 1st property in lynn which will be 400-450k for 3-4family which i can afford the mortgage on my jic of an emergency. Or do i stick to the fall river/worcester plan of purchasing my first multi which will be less expensive.

I live in stoneham atm.

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