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.
Multi-Family and Apartment Investing
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 about 3 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Ashley M Brown
  • New to Real Estate
  • NW Ohio/ NE Indiana
0
Votes |
2
Posts

House hacking for single parent

Ashley M Brown
  • New to Real Estate
  • NW Ohio/ NE Indiana
Posted

Single mom of 3 looking into purchasing a new build duplex to live on one side and rent the other.  First time home buyer and at the moment little to no money down as of this moment in the research. What grants, loans, available resources are there for those that are attempting to start completely over with Nothing? Located in Ohio.  I don’t have any family to ask for help with down payment. How do I prepare myself to speak with a lender documenting I will have a source of income from the other half of the duplex without it actually existing yet?   Thanks in advance! 

Most Popular Reply

User Stats

897
Posts
547
Votes
Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
547
Votes |
897
Posts
Jared Hottle
  • Real Estate Agent
  • Cedar falls IA Waterloo, IA
Replied

there are programs out there. I would get online and google grants and loans for first time home buyers in your town and see where that takes you. For instance Iowa has the Iowa Finance Authority which helps low-income or first time home buyers. Another thought is the USDA programs if you are willing to live in a small town there are sometimes 100% loans and even some rehab programs. Talk to a lender that does USDA programs if that interests you. 

  • Jared Hottle

Loading replies...