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Updated over 8 years ago, 04/07/2016
A re hello to bigger pockets, havent been active in a year
So just saying hi im looking to learn and make some new connections for networking. also looking for some info on first time home buying in washington with low income. Mostly just saying hi, trying to refresh my memory, learn and network. stop by say hi consider me a newbie.
Welcome back @Aaron Sal. Lots of good stuff under the education tab above for newbies.
Originally posted by @Ned Carey:
Welcome back @Aaron Sal. Lots of good stuff under the education tab above for newbies.
thanks man. i will check it out. im also looking to meet some people in washington state or at least talk with some other people from washington.
Welcome back dude.
Hey @Aaron Sal. Welcome back to the site. If you're looking for information on home buying with low income, we'll need a little more information to make more concrete suggestions. For now, I would suggest looking into house-hacking if you haven't already.
Assuming you will owner-occupy the property, you can purchase a small multi-family building with an FHA Loan at 3.5% down and allow your renters to cover your mortgage. The same strategy could apply to a large, multi-bedroom house as well.
For more information on loan particulars and finding out if you qualify, I would start walking into banks and speaking with mortgage brokers.
For networking, keep an eye on the networking events tab
(https://www.biggerpockets.com/forums/521-events-an...) @Kevin C. and @Troy Fisher run monthly meet-ups in Lakewood, Seattle, and the Eastside.
Cheers and good luck!
Originally posted by @Alex Chin:
Hey @Aaron Sal. Welcome back to the site. If you're looking for information on home buying with low income, we'll need a little more information to make more concrete suggestions. For now, I would suggest looking into house-hacking if you haven't already.
Assuming you will owner-occupy the property, you can purchase a small multi-family building with an FHA Loan at 3.5% down and allow your renters to cover your mortgage. The same strategy could apply to a large, multi-bedroom house as well.
For more information on loan particulars and finding out if you qualify, I would start walking into banks and speaking with mortgage brokers.
For networking, keep an eye on the networking events tab
(https://www.biggerpockets.com/forums/521-events-an...) @Kevin C. and @Troy Fisher run monthly meet-ups in Lakewood, Seattle, and the Eastside.
Cheers and good luck!
thanks for the reply and very helpful post. thanks alot. I will keep my eye open didn't know there were groups and stuff like that. I will look into fha and also go to some local banks and see what is possible.
Originally posted by @Alex Chin:
Hey @Aaron Sal. Welcome back to the site. If you're looking for information on home buying with low income, we'll need a little more information to make more concrete suggestions. For now, I would suggest looking into house-hacking if you haven't already.
Assuming you will owner-occupy the property, you can purchase a small multi-family building with an FHA Loan at 3.5% down and allow your renters to cover your mortgage. The same strategy could apply to a large, multi-bedroom house as well.
For more information on loan particulars and finding out if you qualify, I would start walking into banks and speaking with mortgage brokers.
For networking, keep an eye on the networking events tab
(https://www.biggerpockets.com/forums/521-events-an...) @Kevin C. and @Troy Fisher run monthly meet-ups in Lakewood, Seattle, and the Eastside.
Cheers and good luck!
Wait, is that tonight?!? In Lakewood at the RAM Restaurant at 7pm? How quickly the third monday of the month sneaks up on me. ;)
Welcome back to BP.
thanks for all the info and welcoming me back. I'm still learning and just happy to be back. im reading as much as i can from this site. thanks guys any articles or good things to read for washington state?
Welcome back!