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Updated about 6 years ago,
Newbie Investor needing advice
Hi team.
My name is Ihab Kassem, I am a brand new investor working on aquiring my first deal. I am located in the metro detroit area.
I have a full time job and full time family. My family is my biggest motivator for achieving financial independence and I am very grateful I came across Bigger Pockets. This place is AWESOME!
Like I mentioned I am working on my first deal. I am using a FHA loan to secure the first deal. I have been looking at Multi-Family units. Would like to house hack until I get a feel for how this investing thing works. My agent keeps telling me that is not do-able. FHA loans are not accepted on properties which require a C of O by the city. Is there any truth to this?
If anyone has any advice that would be greatly appreciated.
Thank you.