Updated over 10 years ago on . Most recent reply
Diary of finding funds for first Duplex
So i found a duplex with a asking price of 59k. I currently only have about 3k saved up already used my VA loan to purchase the house that i currently live in which i pay about $600 a month in mortgage. I have only lived in my current house for about 4 months. Today I've called about 3 mortgage brokers and 3 credit unions to see what my options where. The 3 mortgage brokers all suggested that i would have to talk to either a bank or a credit union. When i called the credit unions they all said that i had to come in and sign up before we could proceed. Any advice? I will keep you all posted on this journey.
Most Popular Reply
The numbers sound great.
Question: Why don't you rent out your current residence, move in one side and rent the other out, FHA for 3.5% down so you're looking at $2100 down?