Submitted by [deleted] t3_z82yb4 in personalfinance
uber_neutrino t1_iy9nz1r wrote
You may be under estimating how much cash you need to bring to the table depending on what you are buying.
Former_Outcome9404 t1_iy9qgnm wrote
I know the amount of cash down determines the size of the loan for sure but as it stands I plan on house hacking and qualifying for FHA loan
uber_neutrino t1_iy9r00o wrote
So it's not an investment property it's going to be a residence. Planning on maybe a 4 plex?
Former_Outcome9404 t1_iy9r2h8 wrote
Correct
uber_neutrino t1_iy9rbyp wrote
Makes sense if you can pull it off. Interest rates are way up now though so make sure you double check all your numbers.
Viewing a single comment thread. View all comments