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Updated over 8 years ago,
Newbie
Hello BP Family;
I signed up yesterday and I feel very comfortable in this community. I noticed that no question is stupid and that means so much and says a lot of the professionalism.
Let me set the scenario;
-I live in Southern California.
-I have no money for a conventional loan.
-I presently am upside down on my house.
-Due to the high prices I need to look
Outside of the state.
- I am not young , but willing to take the
risk on many properties.(one at a time)
Questions,
1-Am I able to buy(invest)
2-Can I buy(invest) in SFR properties
using FHA ?
3- If I can do #1 , can I do it out of state?
4- Can I partner with some else if I
cannot or would I jeopardize the other
party?
I will stop for the time being and thank
you very much .
Tony.