All Forum Posts by: Beruk Lessanework

 I'm definitely going to look into conventional options and speak with a mortgage broker. After reading everyone's comments I'm leaning more towards a conventional or home possible loan and away from fha 

 Thanks for the response! Using a conventional loan is definitely something that I will look into. Sounds very enticing 

 That's interesting, I never thought about using a conventional loan for my first home but with a 3% down payment requirement, that's something to think about. I forgot to mention that my FICO is over 750. 

Hello everyone, I am currently looking to purchase my first home and I am wondering which mortgage would be the best for me. I am planning to house hack it, but I want to make sure I pick the right loan before I start. Does anyone have any advice on which way to go? It also doesn't have to be an fha or homepossible loan if there's something better that I don't know about. 

For reference I am in my 20s, single, make about $70k and have no debt. 

Thanks!

I will look into that. Thanks for the advice!

Hello Dominique, I'm in the same boat as you. I'm also from Detroit and currently looking for my first rental property and you're right, the forums are a great tool but I would also consider attending some local real estate events/seminars and networking with realtors!

Thanks for the help, Samuel!

Hello everyone, 

My name is Beruk, and I am new here to Bigger Pockets. I'm here to learn as much as I can about real estate because I am looking to invest in properties near my area which is metro Detroit. I would appreciate any and all advice that fellow members here are willing to give. Feel free to message me and I look forward to connecting with you all!