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Updated over 10 years ago on . Most recent reply
multifamily or single family
Married 3 years. Have a new basic ranch for 3yrs on usda 4% rate. No point or mortgage insueance. Joint income over 100k. Appr. 35k of school loans between the 2. Maybe 30k in bank. House value Appr 150k. I was wanting to invest in a multifamily or foreclosed single family for rental. Any advice? I'm a neophyte and know little In this arena.
Do I need an agent? How do I find the right agent?
What type of loans would I use?Do I need to live in the unit to maximize financial and tax benefits?