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Updated 10 months ago,
First investment property questions
Hello everyone,
I'm currently exploring the housing market in search of my first personal home, which I intend to rent out in the near future after putting in some sweat equity. As of now, I have saved up enough money for a down payment on a fha loan, and my income is expected to meet the loan qualification criteria soon (with my parent co-signing due to my limited income history).
Given my current situation, what are some important factors I should keep in mind? Any advice or insights would be greatly appreciated. Thank you! 😊