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All Forum Posts by: Adam Amero

Adam Amero has started 9 posts and replied 22 times.

Starting Out

Post: Starting Real Estate with FHA

Adam AmeroPosted
  • Niantic, CT
  • Posts 22
  • Votes 3

That is one of the many goals and seems to be how many aspiring investors start out. I also have been seeing that FHA only require you to live on the property for 1 year, when I thought 3-5. I can really take advantage of the 3.5% down payment and can continue to hop around from place to place since I'm so young and free.

0 Votes
Starting Out

Post: Starting Real Estate with FHA

Adam AmeroPosted
  • Niantic, CT
  • Posts 22
  • Votes 3

Hey everyone, I'm 19 years old and an aspiring REI. My starting plan is to buy a multifamily property under an FHA for me and my mother, and to rent out the other unit/units.

I'm looking to get any feedback on if this is a good strategy, or hear others experiences on using an FHA for a multi family property.

2 Votes