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Pennsylvania Real Estate Q&A Discussion Forum
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Updated over 4 years ago on . Most recent reply

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8
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2
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Mrinal A.
  • Somerset, NJ
2
Votes |
8
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Getting started in Hershey, PA

Mrinal A.
  • Somerset, NJ
Posted

Hi there, 

Newish member, longtime lurker. Moving to Hershey, PA in the coming months and looking to purchase a condo that I could live in and also potentially rent out in the future. Would appreciate any tips (areas to look for, areas to avoid, realtors to consider, people to connect with, etc)!

Thanks

Mrinal

Most Popular Reply

User Stats

265
Posts
148
Votes
Travis Wylie
  • Property Manager
  • Harrisburg, PA
148
Votes |
265
Posts
Travis Wylie
  • Property Manager
  • Harrisburg, PA
Replied

Hello @Mrinal A.! Why limit yourself to just a condo? Have you ever considered a multi family house, where you live in one of the unti(s) while renting out one of the others to offset your mortgage/operating expenses? Many owner occupied loans (i.e. FHA and 5% conventional) require very little down (3.5-5%) and you're able to get a max of 4 units in one property using these types of loans.

  • Travis Wylie

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