))
Now able to buy a duplex, triplex and quad owner occupied with 5% down
Manage episode 389431177 series 2979320
Content provided by Didier Malagies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Didier Malagies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
You could only buy an owner-occupied duplex, tri, or quad with FHA, now you can buy it with a Conventional loan with 5% down.
Think about having a home where you can live in one unit and rent the others out to help make the mortgage payment
You can also use the rental income to qualify up to the mortgage payment to offset the debt.
Think of first-time home buyers going with 3.5% or 5% down on their first home. How many investors wish they could have done that on their first home?
I believe at some point rates will come down and a lot of opportunities will present themselves in 2024. Remember 45% of Adult children still live at home and what a way to start off with rental income, write-offs and so many more benefits of homeownership
tune in and learn more at https://www,ddamortgage.com/blog
Didier Malagies nmls212566
DDA Mortgage nmls324329
259 episodes
Share
