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Updated over 8 years ago,

User Stats

7
Posts
2
Votes
Eric Casey
  • Myrtle Beach, SC
2
Votes |
7
Posts

FHA Mortagae/Alternatives

Eric Casey
  • Myrtle Beach, SC
Posted

Hi All,

For my first property I would like to take advantage of a FHA mortgage to use the low down payment option and a buy multi family to house hack. My issue is that I am locked into 9 more months of a rental lease, so moving into a new place is not feasible for that amount of time. Would anyone have any opinions on me buying something like a sfh to rent out in the meantime, if so, are there are any alternative options to the FHA for the low down payment? Or would it be more financially wise to wait the 9 or so months to move into a house hack situation?

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