General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Buying vacation home as your first property?
What is your opinion on buying a vacation home as your first property?
I would like to eventually buy a fourplex with an FHA loan and house hack however, I am playing with the idea of buying a single family home as a vacation home and airbnb it to gain some experience and have a place to stay when traveling. I am concerned if this will ruin my chances of getting approved for an FHA loan since it will be my first property that I buy.
What are your thoughts?