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Updated over 8 years ago,
Portland, OR -- Multi-family, FHA Loan- HELP :)
Hi there,
In my mid-twenties and now have the okay from my mom to borrow money for a down payment (up to 50K). I'm interested in putting this towards a multi-unit property (2-4 units) and leveraging a FHA loan. I've been doing some reading and analysis, but have some two major questions.
1. With Portland seemingly "hot", are good deals still able to find?
2. Okay, I now have the okay, access to 50k -- what are my immediate next steps?
Best,
Dakota