Moving to Salt Lake Looking for advice!

[Amy Frisella]

I'm moving to salt lake city or Provo in january and am looking for suggestions on how to start out! I'm movng accross the country alone from missouri and want to use this move as my first step in real estate. the housing markey is 150% higher than missouri and a couple months ago after almost purchasing my first property in st louis, i was onlty able to qualify for a $125,000 FHA loan with my brother (using both of our FHAs) . With this being said, it doesnt appear i'll be able to afford a house in the area without creative finacing or a partner.

Alternatively, I've considered renting and attempting to rent from an apartment that is STR friendly so that when i go out of town or decide to move, I'm able to rent it out. I work as an interior/architectural designer and project manager so setting up airbnbs is something i have experince with.

let me know your thoughts! I'll take any advice or pointers!

[Zachariah Torres]

@Amy Frisella Making an effort to invest is always the most important step! I wouldn't get discouraged with home prices or difficulties with income history. There is almost always another way. I was making a quarter of my current income when I first started investing so, I just had to get creative. I'm a Mortgage Broker out here in Utah and there are plenty of things you could do to secure your first property. DSCR loans could be a good step. We can use an analysis of the projected rents and use that cash flow to qualify you for that property. No need to use your personal income. I'd be happy to go into more detail if you'd like to set up a call. My contact info is in my profile!