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Updated about 4 years ago, 11/22/2020
New Member in New Orleans
Hi everyone,
A huge blessing to have found this platform!
My name is Demi, 27 years old, first generation originally from New York now residing in New Orleans (almost 3 years!)
I've been working all year to lower my debt to income ratio to finally make the move on buying my first home. I'm leaning more towards buying a multifamily first: I recently learned you can use a FHA loan on a multifamily, and again on a single family home but not the other way around.
Are any you familiar with first homebuyer programs/grants here? Trying to find the best resources and make this first purchase as smooth as it could potentially be.
Any tips/advice will be appreciated!