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Updated over 7 years ago,
Port St Lucie FL first purchase help!
Good Morning,
Well as my title states I’m trying to buy my first property before the years end and of course it being my first I’m brand new to all of this. So after reading all the different options to finance, I’ve thought about using the equity on my primary home (which is financed solely under my wife) as the down payment and then use my own income and credit to lock in a conventional loan. So I have a couple questions on all of this.
1) is it a good idea doing the finance that way?
2) does anyone know of a good mortgage broker in my area that could help?
3) should I be setting up an LLC prior to my first purchase?
I know I will probably have more questions, but figured I would start off with these three.
Thank you!