Mortgage rates have been on a roller coaster ride this year. The Fed is saying they are open to more rate hikes to fight inflation. With proper planning, you can work toward qualifying for a lower mortgage rate and, hopefully, the best mortgage rate available today.
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Fast Track Rental Property
FHA allows you to purchase properties with up to four units with a minimum 3.5% down payment. But to do this, you must be an owner-occupant. This is a great opportunity to buy rental property without having to make a large cash investment. It might allow you to fast track rental property. You can use the rent you collect on three units to help make the payment, and your cost would be quite a bit less.
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