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Updated about 7 years ago,

Arturo Hernandez's profile image
Arturo Hernandez's profile image
Arturo Hernandez
  • from Oxnard, California
  • Member since Feb 3, 2017
Connect

User Stats

7
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1
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Arturo Hernandez's profile image
Arturo Hernandez's profile image
Arturo Hernandez
  • from Oxnard, California
  • Member since Feb 3, 2017
Connect
Arturo Hernandez
  • Oxnard, CA
1
Votes |
7
Posts
Buying & Selling Real Estate

FHA Down payment Help, Out of State Rental

Arturo Hernandez
  • Oxnard, CA
Posted

I currently reside in California, looking to buy a rental in Phoenix, AZ. I don't have the full 20% down for a rental. However was considering doing FHA and saying it will be my primary home. Being that it is in a different state. Will I have to show some sort of proof from an employer that I will be moving to Phoenix in order for it to be considered a FHA Loan? Any loop holes that anyone can help with to assist with a lower down payment?

Thanks

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