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Updated about 5 years ago,
NACA Home Buyer Program
Hey guys! So I'm 21 years old and i recently started working a salary job back in August. I'm making decent money, but one of my dreams is to become a multi property real estate investor. I know a lot of people say this, but I do feel like this is an attainable goal for me because I'm 21 and the only debt I have only 5k in student loans, and I owe 4K on a vehicle. My question is, what are your thoughts on the NACA program? My plan is to buy a multi family through this program, live there for a year, refinance, and purchase another home. Eventually the goal is to have a enough liquid money to be able to do the conventional 20% down. Due to the fact that i have not been working for long, I thought this zero down program would be perfect. Let me know your thoughts. Thank you in advance everyone!
Stephan