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Updated almost 3 years ago on . Most recent reply

User Stats

14
Posts
6
Votes
Erick De casas
  • Real Estate Agent
  • San Ramon, CA
6
Votes |
14
Posts

Down payment options

Erick De casas
  • Real Estate Agent
  • San Ramon, CA
Posted

Hi everyone! I recently found a MF unit that I'd like to house hack, 3/2 in the front and 2/1.5 in the back. There's still more research I have to do overall regarding the property itself but in general I'm having trouble coming up with the down payment even with an FHA loan. I only have a third of what I need at the moment and that doesn't include closing costs. Has anyone dealt with this before as they started out? Any advice is appreciated. For reference the Home is listed at 1,000,000 and the down payment would be around 30k.

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