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Updated about 10 years ago on . Most recent reply

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6
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Matt O'Meara
  • Atlanta, GA
4
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6
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New member - Atlanta, GA

Matt O'Meara
  • Atlanta, GA
Posted

Hello BP, my name is Matt and I live in Atlanta. I've been looking to invest in my first property, and internet research led me to BP where I've been lurking for a few weeks. I am currently looking at MFH units, but admittedly don't know enough about this industry to ask the right questions. I've been looking into FHA loans because I don't have too much cash to put down up front. I will keep reading threads related to MFH properties, but any extra help would be greatly appreciated. Thank you!

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3,405
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Mehran K.
  • Investor
  • Wichita Falls, TX
603
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3,405
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Mehran K.
  • Investor
  • Wichita Falls, TX
Replied

Big welcome to the site @Matt O'Meara , thanks for introducing yourself to everyone! That is definitely a great way to get started in the business for low money down. With the FHA loan, you'll have to live in the property as it is an "owner-occupied" type of loan.

Check out this article by @Brandon Turner: How to “Hack” Your Housing and Get Paid to Live for Free

See you around the forums!

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