Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

1
Posts
0
Votes
Jeremy Klingbeil
  • Long Beach, CA
0
Votes |
1
Posts

First time homebuyers program through FHA qualifications

Jeremy Klingbeil
  • Long Beach, CA
Posted

Hello all..just a quick question from a newbie here. I just purchased an investment property through auction.com. I have never purchased any real estate before. I am paying cash for this property. I want to register this property under my LLC so that it is not attached to my name so that I can qualify for first time homebuyers programs through FHA when it comes to buying a 4-plex which will be owner occupied wherever I choose to live back in the USA. Does anyone know if this strategy will work? I guess i am confused whether or not its like the first time to get a real estate loan that they look at under the first time homebuyers program or a first time to purchase a property. This is why I am unsure whether from a lending standpoint this property will cause me any challenges getting a first time homebuyers FHA loan. Hope that this makes sense. Any advice is appreciated..btw..I love bigger pockets.

Loading replies...