Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago on . Most recent reply
My first home and future investment property.
Hello, everyone. newbie here. I'm a very low income guy (make $25k a year) and I want to buy my first property. I'm looking for properties around 60k to 80k. I'm planning to go with USDA or FHA. I have good credit upper 700s, and after I buy my property, I'm planning live in the property with a couple of friend roommates that I can charge rent. After a year or two, I would like to make it into a rental property, so I'm trying to get in the door with my situation. I live in Florida. Another thing, since I want it as a future rental property, I want it to be close by a city where the chances are greater for rental, but once again that's kinda hard with my situation. Any suggestions?