Starting Out Advice

[Tim Kaminski]

Hey BP,

Looking to get started with my RE journey through house hacking a multifamily (3-4 Units).  I have saved enough for a down payment and some modest repairs. Interested in student housing as there are 2 Universities located near me in Tampa, Fl.

• Graduated from college a few years ago and basically have no credit history.  I got my first credit card a month ago.  Any tips to build credit fast?
• I have been reading about REI and listening to BP podcasts for the past 2 years and am certain this is what I want to pursue. I am anxious to get my first property and start learning by doing. Any advice on best way to do this with little credit history? Seller Financing is a possible solution, though I don't know how common that is. Would it even be worth checking out smaller banks for loans with little credit history?
• I am interested in FHA Loans since this area can be kind of pricey. Are there any downsides to this? I believe you now have to have 3 months worth of mortgage payments to be eligible?
• Would you all recommend trying to find the off market deals for my first deal or to simply get an agent and learn how the whole process works?

Thanks guys!  Any response is appreciated