First Time Buyer

[Chris Duzan]

Hey guys,

Looking at buying my first house, so of course I'm looking into an FHA loan. Quick question on how to go about acquiring it.

Seems after all the bickering back and forth between whether to create an entity or not, pro-entity side has won. So, I figured I probably can't use a first-time home buyer mortgage if I am purchasing through an LLC. How do I go about this then? Do I tell my lender ahead of time my plans? I want to leave the house in a year or so(long enough to be considered owner-occupied), and then transfer the title into a business entity, hopefully not triggering the due on sell clause, to continue owning and renting out.

Thanks for any advice ahead of time