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: Nadira France

Nadira France has started 1 posts and replied 5 times.

Post: What loan to use for first investment property

Nadira FrancePosted
  • Realtor
  • Baltimore, MD
  • Posts 5
  • Votes 1

Thank you all so so much.

Post: What loan to use for first investment property

Nadira FrancePosted
  • Realtor
  • Baltimore, MD
  • Posts 5
  • Votes 1

Oh that sounds awesome! Did you use a loan to put the 50k in for fixing? 

Post: What loan to use for first investment property

Nadira FrancePosted
  • Realtor
  • Baltimore, MD
  • Posts 5
  • Votes 1

Thank you! I will be calling banks and seeing what the possibilities are. I didn’t work because of the pandemic and I also got pregnant and had a baby so I spent time off to take care of my child. But I know the banks don’t care lol

Post: What loan to use for first investment property

Nadira FrancePosted
  • Realtor
  • Baltimore, MD
  • Posts 5
  • Votes 1

Thank you so so much for your response! I am w-2 and have been with the same employer since October. I also have 2 other streams of income but they are 1099. When I say DPA I’m certainly talking about grants. I don’t want to have to owe anything on top of the loan. 

Post: What loan to use for first investment property

Nadira FrancePosted
  • Realtor
  • Baltimore, MD
  • Posts 5
  • Votes 1

Hey everyone, 

I'm trying to find out what I need to get started with my first investment property. I am intending on house hacking. I have a decent credit score & money saved for down payment & closing costs (though I intend to use some sort o DPA program). I have steady income but not from the last 2 years- only since October. Can anyone point me in the direction of which loan I should try to get prequalified for? FHA? Conventional? Could NACA be used for my first house hack?
please help lol

Kindly, Nadira