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Updated almost 3 years ago,
Investment with FHA loan
Hello I just recently started listening to your podcast. I am 27 looking to invest in my first multi unit duplex property. Since I am a first time home buyer I’m looking to rent one side and live in one end. I will not be making a profit but I will be living cheaply so the mortgage would be 2130 renter would pay 1400-1600 a month I’d pay the rest. Do you think in today’s market it’s a good idea to do ? Also how would it affect my debt to income ratio long term if I wanted to purchase another property ? What could you recommend?