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Updated over 5 years ago on .

User Stats

8
Posts
1
Votes
Jennsey Fidelis
  • Charlotte, NC
1
Votes |
8
Posts

Getting started as newbie

Jennsey Fidelis
  • Charlotte, NC
Posted

Good morning everyone!

New to the BP blog here and I’ve been listening to podcasts and reading a lot of books on real estate, my idea is to try to get my first deal by end of this year or beginning of next!

I would like to get a duplex, put some work into it and house hack. I have experience in the construction field working for about 5 or so years in the flooring industry.

My question is regarding a 203(k) loan, to get a 203(k) what are some specific requirements? Do you have to have a certain credit score? And will a car loan and credit card debt influence on the approval of the loan?