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Updated almost 5 years ago on . Most recent reply
![Ryan Taylor's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1714383/1621514981-avatar-ryant335.jpg?twic=v1/output=image/cover=128x128&v=2)
Different types of loans for low income
I know about the FHA loan but it requires one to live at the property for a year. That wouldn't be possible for me as I am married and a homeowner. I'll have enough for a down payment soon but I was wondering what are my options if I don't have much money currently. Sorry I am new to this world.
Thanks!
Most Popular Reply
@Ryan Taylor
Hey Ryan!
Where do you currently live? If possible, would it be an option for you to rent out your current place and move into another place with a FHA loan? If renting the entire house doesn't cash flow, would renting by the room be another option for more cash flow?