Advice for a new member

[Bryan Johnson]

Hello Bigger Pockets community! My name is Bryan Johnson and I am pretty excited to be here and start my real estate journey. I currently just started working in Atlanta as a tax associate for a public accounting firm. I currently live with my parents and commute back and forth from the Dougasville area. I have a goal to maybe move out towards May or in the summer months. I am currently taking advantageous of living at home and saving as much money as I can. My target goal is to have around 9k saved up at the beginning of May. I would love to hear some advice on whether buying a home next May seems plausible with that type of cash. I am hoping to use this first home as a "house hack" and save more money as I live there for a year and possibly rent it out after that. Looking for all advice so lets hear what you have to say BiggerPockets. 

[Sergiu Ionita]

You could qualify for an FHA loan with 3.5% down. You’ll need 2 years of stable income with no more than six months between jobs. Did you work somewhere before your job as a tax associate? I’m not a lending expert, but I know most lenders want to see at least 2 years in a similar field. However, I heard there are lenders that don’t have a ‘similar field’ requirement and will approve you as long as you have 2 years of W-2 income. Don’t quote me on that though. With $9k you should be able to find a duplex to house hack. It would be cool to find a seller that will pay closing costs. I recommend getting pre-approved by a lender to see how much you can qualify for.