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Updated almost 5 years ago,

User Stats

2
Posts
1
Votes
Itia Dow
  • New to Real Estate
  • Birmingham, AL
1
Votes |
2
Posts

How early is too early?

Itia Dow
  • New to Real Estate
  • Birmingham, AL
Posted

I am currently paying off debt and plan to be done with $111k by Sep 2021 at the latest (plan to get some side hustles to speed that up). I want to purchase a property within 6-8 months of finishing my loan payments and ideally I would use this year to continue learning and crunching numbers on properties that I find for practice, but have no idea what my budget should be because I have no idea what loan amount I might get approved for...I would like to do FHA for the 3.5% down and looking at qualifications I should be able to qualify, but I feel like until I actually sit down and see what exactly I can get approved for, there is a huge gap in my planning...

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