I've kicked my last tire

[Shaun Lapsley]

Hello, my name is Shaun. I live in Buffalo, NY. In the past I have been to "guru" seminars, read the typical books, yet done nothing more than kick a few tires. I am at that exciting point many of you once were, time to get off my duff and take the next step! I am eager to learn more from the pros here on bigger pockets while getting some hands on experience with my first buy and hold. I am planning to purchase my first investment property (via FHA) within the next three months.

[Barbara Riley]

Welcome Shaun! I'm new, too, and I've found BP to be an amazing source of information and advice. I wonder if you are aware that you must live in any property you purchase thru FHA for at least, I believe, one year. The way to use FHA for investing is to buy a double, triplex or I think even a fourplex, and live in one of the units for the required period of time. You might check into the VA program. They have a low down payment program for their REOs...5% I think. Available locations are very limited though. Best of luck!