Seeking advice for house hack financing

[Danielle McMurphy]

Hi there everyone!! I would so appreciate any advice or insight you guys can give on my situation.

So I'm looking to house hack a multifamily property in Boise using an FHA loan. Here's the tricky part (besides being in a hot market)- I work as an assistant horse trainer which brings in very minimal income for me but I've been able to scrape by because my monthly expenses and debt to income ratio is extremely low, and I've been able to save enougu for a down payment. However, I know I probably won't be able to qualify for a loan on the small income I receive so I was thinking I could get a second job waiting tables or something similar in order to increase my income enough to qualify for anything.

I guess one question I have is how long would I need to have worked this second job before I could start using it as proof of more income in order to get preapproved for a loan? Is there something I’m missing or not considering in all of this?

I am also just very curious if anyone has any further insight or suggestions as to how I could go about this whole process? I am very eager to learn and want to get started investing. My situation feels a bit complicated but I am determined to figure out some way to get into my first property. I’d be so appreciative to anyone who takes the time to weigh in on my situation. Thank you in advance!