Bothell, WA · Member since 2015 · 14 posts · 5 votes
Hi,
I'm looking to move down to AZ possibly for school. And I'm interested in a buying a house. I'd have very little money to put down. I'd like to buy a house to rent out the rooms while I'm in school and then rent out the property once I'm done with school.
If anyone has any agent recommendations or advice. I've never bought a house before.
I am also an investor from Tucson, and I own a few rentals near the UofA. Feel free to contact through private message for specific questions!
Also, I recommend picking up a copy of @Craig Curelop’s book, “The House Hacking Strategy” from the BP Store, or audible. It’s an awesome intro into what you’re looking to do. With that said, in regard to a USDA loan, I think Tucson may not qualify. I just learned this from Craig’s book, but those loans are particular about population size, I think 30-35k people, and Tucson has close to half a million. But, definitely worth more research as I haven’t gone the USDA route.
Real Estate Agent · Tempe, AZ · Member since 2011 · 1k+ posts · 543 votes
6y
Feel free to contact me. I would be happy to give you information that will help you to make good decisions. I’m an exclusive buyers agent. Phoenix is in a sellers market and can be difficult in some price ranges and locations.
Investor · Washington, DC · Member since 2017 · 428 posts · 205 votes
6y
@Hailey Sexton hey Hailey, what part of AZ? Also, there are several low down payment financing options that require as little as 3-5% down, or even 0% down if you buy in a rural area using a USDA loan. Its what I did to buy and house hack my first property, which is definitely the easiest way to get started in my opinion.
Best of luck on the move! I may have an agent I could refer you to depending on what part of AZ.
Bothell, WA · Member since 2015 · 14 posts · 5 votes
6y
@Kyle Deutschmann Thanks for your idea I'll be looking to buy in Tucson AZ. Does your friend work in that area? How do I find more about the USDA loans and low down payment options?
I am also an investor from Tucson, and I own a few rentals near the UofA. Feel free to contact through private message for specific questions!
Also, I recommend picking up a copy of @Craig Curelop’s book, “The House Hacking Strategy” from the BP Store, or audible. It’s an awesome intro into what you’re looking to do. With that said, in regard to a USDA loan, I think Tucson may not qualify. I just learned this from Craig’s book, but those loans are particular about population size, I think 30-35k people, and Tucson has close to half a million. But, definitely worth more research as I haven’t gone the USDA route.