First time multi family home buyer

[Marlon Brimmer]

So, I'm fresh to San Antonio tx.. I looking into buying my first multi family property with an fha loan in about 3-4 months.. I know this isn't the best time to start investing, but my main objective is to get in, and experience the whole process of buying multi family home. Finding a lender,a good contractor, analyzing potential properties etc.

Crazy cause I've been reading and watching videos about this for almost a year and have alot of knowledge, but still a little overwhelmed about where to start..lol what's the best way to look for a lender? Should I just hop from bank to bank and get quotes? Is Finding a lender even the first step I should be taking lol

[Ashley Cross]

Right now is always the best time to start investing. Speaking to a lender first is very important. A FHA loan may not even be the best fit for you or you may have things you should be working on for the next 3-4 months that you should be aware of now. If you are looking for speed, I wouldn't go with the huge Bank of America, Chase, or others. They are way too busy and they aren't going to give you the service you need as an first time investor. I've used Northpointe Bank and they have a lot of programs that you can take advantage of because you are house hacking. Look for a small mortgage company or local bank. Good luck with everything!