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Updated about 5 years ago on . Most recent reply

Adam J Goodsite's profile image
Adam J Goodsite's profile image
Adam J Goodsite
  • Member since Oct 24, 2019
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Adam J Goodsite's profile image
Adam J Goodsite's profile image
Adam J Goodsite
  • Member since Oct 24, 2019
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Adam J Goodsite
7
Votes |
18
Posts
Buying & Selling Real Estate

First time home buyer

Adam J Goodsite
Posted

Looking to buy a duplex to quadplex . Is the fha loan best? I have a 700 credit score and $10k

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Dennis Folk's profile image
Dennis Folk's profile image
Dennis Folk
  • Real Estate Broker
  • from Puyallup, WA.
  • Member since Oct 8, 2019
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Dennis Folk's profile image
Dennis Folk's profile image
Dennis Folk
  • Real Estate Broker
  • from Puyallup, WA.
  • Member since Oct 8, 2019
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Dennis Folk
  • Real Estate Broker
  • Puyallup, WA.
25
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26
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Dennis Folk
  • Real Estate Broker
  • Puyallup, WA.
Replied

Hi Adam, yes with $10,000.00 to put down, I think an FHA loan would be an excellent choice.

Just has to pencil with $10,000.00 not being more then 3.5% of the purchase price as FHA loans are typically 3.5% down.

Good luck and go for it! 

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