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Updated about 7 years ago,
First Time Buyer Partner?
Hello BPers! I am a first time home buyer and looking to invest in a house-hack property. I am a young college grad in the DMV (northern Virginia) area and I am willing to purchase a place and rent out the additional bedrooms. I am primarily looking in the Falls Church/Arlington/Alexandria areas, but have also kept my eye on a few places in Fort Washington MD.
My question is if I can partner with a "money" partner to qualify for a larger/higher quality purchase. I am working on getting qualified for an FHA loan but my price range is currently only ~$160k-~180k, which doesn't buy much in this area. Maybe a one or two bedroom condo. Any ideas? Thanks in advance.