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Updated almost 6 years ago on . Most recent reply
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New to real estate investing community
Hey everyone Im Dave from PA new to the real estate investing community. Im low 30's with a wife and 2 young children (4 and 2)and wondering methods of financing a first rental property and any recommendations on the price range to start at. The area I'm looking is a high growing area in the area I live now. Great school district. Currently live in a single family colonial 3 br, 2.5 ba we built for $280k 5 years ago in a nice neighborhood. In the area, newer 2 Br 1.5ba townhomes sell for around $150k.
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Would I be able to qualify for an FHA loan at all?