First Time Homebuyer

[Lexus Gomez]

Hello! My name is Lexus and this is my first post on BiggerPockets, albeit following the site for a while, as I am trying to put myself out there more and use tools such as this forum to help me along my real estate journey! I'm a young woman from New York in my mid-20s who is desperately looking to quit her low entry-level job and become a full time real estate investor. My passion would be to use real estate as a tool to allow me to travel the world and do more volunteer work. Anyway, I would just like to know if I should look into FHA and other related loans that will help people with a good credit score and report but not a lot of capital buy their first investment property?

[Joe Aiola]

@Lexus Gomez Congrats on making the first post - that's a good first step! FHA loans are definitely something you should look into, but there are other options if you don't have a ton of capital (owner financing, lease options, partnerships, etc.). Brandon Turner has a book on how to invest with putting little to no money down that might be a good resource for you. You can find it here on BiggerPockets.

Where are you located in NY? 

Best of luck on your journey!