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Updated over 4 years ago,
Calculating Buying Power for Multifamily
Hi everyone! I’m finally in a position to start looking at my first purchase. I want to leverage my savings,which is about 16k, and get a multifamily property that I could house hack. I know a 4 plex qualifies for a fha loan but how do I calculate my buying power to narrow down what I can actually afford?
I appreciate any and all feed back! Thank you everyone.