What should a first time buyer know about buying a multi-family home?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

You need information on real estate, mortgage financing, home-repair, property management, and legal issues relating to real estate. This article below will give you great place to start: http://www.helium.com/items/942662-multi-family-think-multi
1 person found this useful

How should you buy a home if you are a first-time home buyer?

First and foremost educate yourself. Use your state's local housingauthority for free seminars in the steps of a home purchase andlearning about financing is key. You need to

Who can be considered as a first time home buyer?

It i more likely that a first time home buyer is someone that has never bought a home before, either that means that you have never picked out the home or you have and someone

What should your credit score be for a first time home buyer?

"Should" is subjective. It depends on the type of loan you are attempting to get. FHA loans accept lower credit scores than traditional lenders. Traditional lenders have rate

Can you have owned a home and be a first time buyer?

In New Jersey, if you haven't owned a house in the last 3 years, you are considered a first time home buyer and are eligible for the First Time Home Buyer Program funded by th

After you buy a house are you automatically qualified for first time home buyers credit?

Even if you are a first time buyer (or have not purchased in the last 3 years), you are not automatically qualified for the first time buyer credit. There are certain criteri

When will i get my first time home buyers credit?

This will tell you what type of credit you're eligible for: http://thedailey.files.wordpress.com/2009/11/2009-homebuyer-tax-credit-changes.pdf and this will tell you how to f

Do you still get the first time home buyers credit if you buy a home in a different state?

Here's the link to the IRS website for details but I've also cut and pasted the info here for your use and review. Thank you:) http://www.irs.gov/newsroom/article/0,,id=20467

Where should a first time home buyer go for advice?

Talk to friends and co-workers about realtors in your area and then talk to a few. Check your local library for books and articles on finding a Realtor. After your initial r

What happens with first time home buyers?

The question is pretty vague, but I will try to provide you adetailed answer. The most important thing about buying a home for the first time ischoosing the right mortgage pr