Using FHA, USDA, or 203k

[Sonny Sacks]

Hey everybody. Never bought a home before and want to use the advantages of that to buy my first property that can hopefully generate cash flow. I live in LA County and prices here are insane. Looking on Zillow it looks like the only affordable places are reseda or pacoima or Lancaster. 

Regardless, mortgage rates are still high as well so it’s a bit disheartening.

I kinda wanna buy a property in Nevada and rent it out but I guess that disqualifies me from the FHA stuff because there's no way I'm leaving LA.

Any advice is appreciated.