Editing 1course Real Estate (section)

==== Real-Life Example: Financing Success ====
Consider Emily, a first-time homebuyer who wants to house hack a duplex. Here's how she secures financing:

* '''FHA Loan:''' Emily applies for an FHA loan, allowing her to purchase the duplex with just a 3.5% down payment. She ensures she meets all requirements and secures pre-approval from a lender.
* '''Improving Credit:''' Before applying, Emily works on improving her credit score by paying down credit card debt and ensuring all bills are paid on time.
* '''Automated Savings:''' Emily sets up automated transfers to a dedicated savings account, helping her accumulate the down payment faster.

By taking these proactive steps, Emily successfully secures financing for her house hack, setting the stage for financial freedom and long-term success.