All Forum Posts by: Alexis Canales

I'm ready to buy mi first duplex/triplex for a house hack and wanted to go the FHA loan route strictly for the low down payment of 3.5% I've been self employed for exactly 1 year now, but the issue I'm running into is that every lender I have talked to (over 9 lenders now) have told me I need to have at least 2 years of self employment in order to get an FHA loan or any loan that requires under 10% down (even if I made good money my first year of self employment) I have 780+ credit score, no debt, no loans, no monthly payments on anything. I have good savings but I still want that 3.5% down, does anybody have any advice for me please? Should I find a way to finance my purchase with the seller instead of a bank? Very new here so anything helps:)