Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

32
Posts
6
Votes
Minh Lai
  • Dallas, TX
6
Votes |
32
Posts

Newbie looking for Multifamily in Norman, Oklahoma

Minh Lai
  • Dallas, TX
Posted

Hello,

I'm brand new to real estate investing. I had the general idea and then stumble upon this post . My 1st and primary goal is to purchase a multi-unit home using a FHA/203k loan. I have contacted a mortgage broker about helping me secure this loan. I want to use a 203k loan so I can have access to funding to rehab a home if necessary.

I will live in one unit and rent out the other unit. Norman is a college town so I don't think finding tenants will be a problem. 

What is the best way to look for a multi-unit home?

I realize this goal will require me to find contractors and then act as a landlord. There's potential for a lot of things to go wrong, so I've been reading up on this.

I am open to all advice and suggestions.

Thank you in advance!

Loading replies...