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Updated over 3 years ago,

User Stats

8
Posts
18
Votes
Isaiah Fariel
  • Raleigh, NC
18
Votes |
8
Posts

First time investor needing advice

Isaiah Fariel
  • Raleigh, NC
Posted

I'm a new investor looking to purchase my first home, we currently live in Raleigh NC. My fiancee and I have about 10k saved up and want to purchase a Duplex and do a house hack. We want to invest in hopefully the Raleigh/Durham area but have been told by multiple people that is a very slim chance we don't mind going outside of this area if that means we can get a duplex. Our goal is to live in the duplex rent out the other half and within a year or two purchase second and a third and so on for homes. We will most likely do a FHA loan but are kind of lost as to the smartest path moving forward. We have between now and late fall to get everything together. Any tips that people might have regarding first home purchases especially house hacking multi family would be wonderful.

Thanks in Advance

-Isaiah

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