Creative way to purchase a house hack for a student?

[Nate Monson]

Hi all,

I scoured the forums for a post like this, but I didn't seem to find one. I am a 1st year MBA student in the upstate NY area and I am currently researching FHA loans and other creative ways to purchase a house to "house-hack" with my fiancee' and move out from my current living situation. While I am in school she is an elementary school teacher, but has only been so for 4 or 5 months now. Currently, we would be able to finance a down payment with an FHA loan, however, we have not had steady income jobs for the past 2 years which I believe is required for most FHA loans.

I am wondering if anyone else has been in my situation, and if there anything specific you did to finance a house hack or different type of housing situation shortly after being a student. Unless the house came at a super cheap deal we probably wouldn't have the money to put down for a conventional mortgage. My living situation isn't unbearable at the moment, but it certainly isn't ideal. I would like to not only move out, but try to learn how to be a successful real estate investor by owning a "house-hack." Any suggestions or help would be greatly appreciated!

Nate Monson