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Updated over 5 years ago,

User Stats

17
Posts
5
Votes
Steven Violano
  • Specialist
  • CT
5
Votes |
17
Posts

FHA mortgage strategies and qualifications for 1st time buyer

Steven Violano
  • Specialist
  • CT
Posted

I will be repatriating to US after selling a small business I founded and ran for the last 9 years. I plan to owner occupy a small multi-family to begin building cash flow and income ASAP. I have 775 FICO score and have a tax history of earning a modest income from abroad, but will be starting from scratch while living with family upon return and thus have very low overhead. What's a good strategy for me to get mortgage and begin investing in real estate? Is FHA even an option or should I look elsewhere like 80-10-10 or low income mortgages for first time buyers? BTW, this is my first BP post. Thank you in advance for sharing your wisdom.

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