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Updated almost 5 years ago on . Most recent reply
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What is the financing and investing options? experienced users?
I feel stuck due to the uncertainty of knowing how to get started with little to no money. My partner and I wanted to go the FHA method, but we wanted to understand what are the estimated amounts (min-max) you are given to work with? Does credit score matter (650-700) or should it be improved before starting?
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@Sieanna Ariel
With FHA you can go as low as 3.5% down. But yes your credit will affect the interest rate. I would run scenarios on how much the mortgage payment would be and what cash flow would look like.