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Updated about 4 years ago on . Most recent reply

User Stats

21
Posts
5
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Jake Greener
  • Rental Property Investor
5
Votes |
21
Posts

Best states/Cities for FHA Loan

Jake Greener
  • Rental Property Investor
Posted

Hey everyone,

Quick question that will definitely have more than a single answer.

I am a college student in Minnesota.

I have a remote job lined up when I graduate and want to purchase a duplex, triplex, or fourplex for my first home with an FHA loan. Because my job is remote I am wondering which states and cities are the best for this? In which the rent to price ratio consistently meets the 1/2% rule. Thank you!

Most Popular Reply

User Stats

21
Posts
5
Votes
Jake Greener
  • Rental Property Investor
5
Votes |
21
Posts
Jake Greener
  • Rental Property Investor
Replied

@Jeffrey Donis Yes, mostly looking for properties that meet the 1% rule. With multi family the numbers will obviously differ slightly. However, I am just gauging locations that would qualify this.

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