All Forum Posts by: Yasmin Mohamed

Great question to ask a realtor. I have another question. How much money do you think I should save to be safe before purchasing a property that is roughly $200,000 using an FHA loan (including down payment, closing cost, and if the house needs minor repairs)? Sorry for so many questions this is my first time using BiggerPockets discussion board and I'm just so happy to get great feedback!

Thank you for the information Chris. Do you have a tip of where I can find a great real estate agent?

Thank you for the response Mark. How focused should I worry about location in the Philadelphia area? I currently live in brewerytown and I know with 200,000 it will be difficult to purchase a home in that area. Should I focus on up and coming areas and spend more money?

I really want to start in investing into a multi-family home using an FHA. I will be house-hacking. I'm looking for a property to be between $150,000-$200,000. I'm stuck on how to start. My questions are: 1.)Where do start my search? (I have been using zillow, trulia, and Redfin). Are these websites are a great way to start searching? 2.)When do I know it is a good deal to purchase the property? 3.)Can I use an FHA loan if I'm living in one unit and I'm renting out the other? Thank you!