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Updated over 1 year ago on . Most recent reply

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Advice Needed 1st time buyer

Alberto Lorenzo
Posted

Hi my name is Alberto, I’m 26 I live in Miami I have 150k in my bank account. I live with my parents but I want to buy my own place. I own a air conditioning business so my income is good. Do you recommend I buy single family with adu or single family live there for a year save my money again & then rent that out & repeat process to a new home? Also do I put 5% down or 20% down? It would be my 1st time buying not sure if the fha 3.5 is good
Duplex and + is very expensive in Miami

Most Popular Reply

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11
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4
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Alberto Lorenzo
Replied

thanks to everyone that has responded!

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