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All Forum Posts by: Jonathon Nila

Jonathon Nila has started 22 posts and replied 123 times.

Originally posted by @Jabbar Thomas:

Amen to that brother and appreciate the advice and response back to the forum, the thing about trying to get a discount  On property in my neighborhood is currently it is a sellers market when it comes to few inventory and more buyers purchasing homes less homes being put out due to the current COVID.I will definitely take this all into consideration Jabbar!

Originally posted by @Account Closed:

Yes Sue I have looked up the USDA loan but the thing with that loan is it would be outside of the city type of residence. But some great points you made thanks a lot for the response back to the forum!

Originally posted by @Kevin Wilson:

Great suggestions Kevin thank you for the responses sir! The plan if I went HFA 1st Time home would be to buy a duplex and house hack. I currently pay $1300 in rent

@Matt Stricklen First off I appreciate the response back Matt and I will definitely take your advice and will sit down and think what can maximize my profits I’n my current situation. Great points you made!👍

@Caleb Heimsoth Good point you made about the market being irrelevant. Appreciate the response to the post!

@Jon Kelly thanks a lot for the response back and appreciate you feedback!

@David M. Good point you made thanks again for responding!

Originally posted by @Account Closed:

Hi Sue! No do not plan on moving out of state,The question was either to take advantage of the low interest rates for a first time homebuyers program with the money I have saved in my current location or use the money to invest out of state?🙂

What’s up BP Community of Friends! As always thank you In advance for the feedback, you have no idea! Okay where should I start? So I need your upmost honest opinions about my current dilemma. I was recently approved for a first time homebuyer program HFA of 300k with 3% down current location is Turlock California we are in a HOT Market and we are at its peak of very crazy home prices. I have $20,000 saved up. Oh and there’s more I have Family Out Of State and have talked to some investors and Agents who say it’s a boomin market of course I will definitely do my due diligence as far as verifying. But I am new to the investment game and have been reading tons of books and listening to podcasts trying to put the pieces together. If you were me would you pump the breaks and not purchase a property in a sizzling HOT Market With an HFA Loan?  Or would you invest Out Of State where the Numbers make more sense? If neither of these make sense to you give me your input on what does make sense in my current situation if you were in my shoes?