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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
6
Votes
Bryce Bowers
  • Investor
  • Quad Cities (Bettendorf Moline Rock Island, Davenport)
6
Votes |
11
Posts

FHA and FHA 203k Loans without a Job?

Bryce Bowers
  • Investor
  • Quad Cities (Bettendorf Moline Rock Island, Davenport)
Posted

Quick overview of my situation.

I’m 19 years old, I have about $8,000 - $9,000 that’s accessible from savings that I earned from previous jobs and investments.

Parents want me out of the house.

I have no current job.

I’m looking at becoming a carpenter apprentice to go hand and hand with real estate.

————————————————————————

So my question is, can I take out a FHA and/or FHA 203k loan without a JOB?

I also have no problem with asking people for private loans from there IRA's or private investing accounts.

I just want to check this option out first.

Any thoughts, suggestions and concerns are appreciated thanks!!

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