All Forum Posts by: Sergio Sanchez

I'm planning on moving to Arizona and doing the same but I won't qualify for an FHA loan right now because when I spoke with a loan officer he told me that it was a little premature for me because I'm just 19 and that I needed a job lined up in Arizona as well, so instead I educated myself more on seller financing. If you're interested maybe we can connect to exchange ideas or to potentially do business?

Hey everyone, I am currently living in California and planning to move to Arizona and house hack. I was speaking to a mortgage banker and he informed me that to qualify for an FHA loan I would need a job lined up in Arizona and wouldn't be able to use the income I make now in California. (My parents would be able to co sign as well) To be honest I'm not interested in getting a job in Arizona because the whole reason I plan on moving is to pursue real estate investing. So if I need a job in AZ to qualify for the loan ,do you guys think I'd be good idea to find someone who is willing to do seller financing on their property? And if so do you have any tips on how I should go about doing a seller finance deal? Any advice you guys can give on my situation would be greatly appreciated

Hey everyone, I am currently living in California and planning to move to Arizona and house hack. I was speaking to a mortgage banker and he informed me that to qualify for an FHA loan I would need a job lined up in Arizona and wouldn't be able to use the income I make now in California. (My parents would be able to co sign as well) To be honest I'm not interested in getting a job in Arizona because the whole reason I plan on moving is to persue real estate investing. So if i need a job in AZ to qualify for the loan ,do you guys think I'd be good idea to find someone who is willing to do seller financing on their property? Any advice you guys can give on my situation would be greatly appreciated.