Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Logan Arthur Gilles

Logan Arthur Gilles has started 0 posts and replied 1 times.

I am in kind of a unique situation I suppose an am looking for some clarity. I am attempting to buy my first home using an FHA loan in IN. Ideally I want it to be like a triplex or duplex so that I can rent out the other units and break even or make cash flow on the mortgage, my question is will the bank let me switch to a 30 year loan after a while so the interest isn't that bad? Also I have been seeing a financial adviser and he warns to put 20% down instead of the 3.5% an FHA loan would give me, I still want to have as little money as in the house as I can have to a reasonable extent. What would you recommend?