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Updated over 4 years ago on . Most recent reply
Getting started in Hershey, PA
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
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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