@johnsfinancetips: One of the ways to get started in real estate investing (and how I got started) is using an FHA loan coupled with house hacking. This method works well for beginners because you are able to buy a multi family property with a very low down payment. Then tenants will help you cover the monthly mortgage cost. The key of course is having a good understanding of potential rental income. Follow for more real estate tips. #realestate #rental #fha #investing #PersonalFinance
John Liang
Region: US
Thursday 29 December 2022 20:03:17 GMT
Music
Download
Comments
Big Chungas :
I used this strategy and said to the bank that I want to use an FHA loan and they all laughed at me and said get lost
2022-12-29 20:48:17
982
Anthony :
BRO I DONT UNDERSTAND THIS LIKE WHAT DOES FHA LOAN MEAN OR A OWNER ACUPENTS OR SOMETHING LIKE THAT
2023-01-02 08:12:43
1
Dgnj0812 :
I wish I knew how to understand real estate
2022-12-31 04:23:58
327
Adam :
Market is going to crash. Don’t buy now
2022-12-29 20:53:45
23
ashneelakaturtle :
FHA max is like 500k how is this possible for a 800k with 3.5% down?
2022-12-29 20:39:08
73
MentalWarrior :
This seems very complicated and I’m sure it also depends on the state as well
2022-12-29 20:45:02
247
cbbbb :
avg down payment is actually 7%
2022-12-29 20:40:06
36
The Home Bar Guy :
Keep in mind that FHA loans have other requirements too like homestead and being your first home purchase
2022-12-29 20:37:06
32
pedrodubs.7 :
Yeah until you try this in any kind of competitive market and arn’t able to even get close to all the no FHA/cash bids lmao
2023-01-03 02:39:05
11
chryxtian :
But if I put such a low amount down arent my monthly payments gonna be more
2022-12-30 01:53:18
2
John Liang :
Any buying property this year?
2023-01-05 15:10:09
14
King Richard :
I can do these loans all day, but the big gotcha on 3-4 units with FHA is self sufficiency. Total rents * 75% for all units must exceed piti.
2022-12-30 10:59:28
19
Ray :
May you leave me a condo to live in 🥺
2022-12-30 03:33:13
7
Hayden:) :
Bro knows something we don’t
2023-01-10 03:01:51
12
Mr.Flame :
800K such a good price
2023-01-07 18:10:44
7
SyNyScenes1 :
Very helpful info, thank you!
2023-01-14 22:33:15
7
John Liang :
Who is planning to buy a house soon?
2022-12-30 02:12:06
161
User1518358672729 :
Aside from getting a multi fam house.. is the 3.5% and refinancing for the 20% in 12 months realistic ?
2022-12-29 20:36:26
24
Omegalul :
If using a FHA and have a co-sign do I still have to use 20% down?
2023-01-02 22:09:57
1
LifeTips🗿 :
Dhar Mann is not gonna like that intro ngl
2023-01-07 01:12:21
3
HekkisaurusRex :
is there a difference between the FHA vs VA loan?
2023-01-03 00:24:27
3
xnickyvtoo :
You said words but I didn’t understand them
2023-01-01 20:33:53
1
lettuceboybob :
Buddy when there’s 20 other competitors with conventional loans of more than 5% down this won’t work. It happened to me.
2023-01-02 17:36:47
4
lily_carbajal_ :
Can u tell me more about an fha loan I wanted to buy a house when I’m 18 and I’ve been saving
2023-01-04 07:46:36
4
To see more videos from user @johnsfinancetips, please go to the Tikwm
homepage.
© 2021-2026 TikWM. All rights reserved.