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Updated over 5 years ago,
Looking To Purchase my First House Hack with FHA Loan.
Hey BP Investors,
My name is Adam and I am looking to buy my first property under the 203K FHA loan for my first house hack! MY goal is to buy a 2-4 unit home somewhere in the 150k - 400k. I am having issues narrowing down my search for finding the right location/property. Right now I am living in New York City and at this time in my life (24 years old) I would not qualify for any of the homes here.
I work for a large property manager and I am very flexible on location. Ideally, I would like to be within 15-20 minutes of a major city as I would be able to transfer to a job in that city.
My major issue is that I do not know how to begin narrowing down my search while being located in NYC. I am looking at listings online through zillow, trulia, etc.. as well as the Fannie Mae homepath program.
If anyone has any suggestions on how I can get the ball rolling on my first house hack I would really appreciate it! I know I am being a little vague so happy to provide more info!