Private Lending & Conventional Mortgage Advice
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 5 years ago,
FHA mortgage strategies and qualifications for 1st time buyer
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.