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Updated about 4 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Lauren Smith
  • San Antonio, TX
4
Votes |
14
Posts

Keep Saving or talk to a Lender?

Lauren Smith
  • San Antonio, TX
Posted

I am looking to get into REI, I was originally looking to save for my first home but quickly realized the my tastes far exceed my budget. I am now looking to house hack. My goal is to find a duplex to begin this journey and grow from there. I am currently paying down some debt while also saving. Should I continue to pay down debt or contact a lender to determine what I qualify for? Any guidance would be great.

Most Popular Reply

User Stats

29
Posts
18
Votes
Cooper Raines
  • Real Estate Agent
  • Colorado
18
Votes |
29
Posts
Cooper Raines
  • Real Estate Agent
  • Colorado
Replied

@Lauren Smith Hi Lauren, I don't think that it would hurt for you to talk with a lender. Even if you don't qualify for what you'd hoped, a good lender should be able to help you figure out ways to make yourself a more appealing borrower. Best of luck!

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