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Updated over 5 years ago,
Multi family Investing
I’m looking to buy my first ever property and get my rei journey started. The plan is to purchase a duplex in my area and “house hack” it. I’m brand new and have a lot of questions and a lot of learning to do so ANY advice helps me.
But in this post, I was wondering how the loan process works. Would you guys recommend using an FHA loan or Conventional loan? And could somebody elaborate on what exactly a MCM loan is?
Like I said any advice helps, I’m just trying to take the first step in multi family investing and I’m assuming the best way is to get approved for a loan.
Thanks for your help.