I am looking to buy a duplex (in Volusia, Seminole or Orange County Florida) and was wondering if anybody that had student loans was able to still qualify for FHA?

I am considering placing a bid on a home in an upscale area in Orange county Ca.

Spending $500,000 on a home might not be a deal in West Orange but it probably would be in Short Hills.  

FYI my current situation is:ME - FICO 665 middle score / $45k/yr income / $200/mo DEBTWIFE - FICO 650 score / $0 income / -$625/mo DEBTBROTHER - NO FICO - currently building / $30K income / $0 DEBTavailable max Down Payment $7,000PRO's Willing to purchase duplex / tri / fourplex in : riverside / rialto / pomona / ontario / san bernadino (no orange/red Crime map)price range : $180k - $450KREQUESTS: need atleast one unit to be 3 br *looking for value add* as well, After hearing the hundreds of first step methods, im finding it a bit hard to narrow down my search criteria. 2nd question is: After stating our current situation, what other strategies loan programs or methods to begin our first MFH buy and hold purchase would our financial situation warrant the most profit and least risk in this interest rising CA desert property market?

Apples and oranges as your tax status has little to do with your loan application but has to do with your intended use of the property.They may count rental income if you show a rental agreement effective the day of your purchase or very soon after, credit unions can have leeway on a commercial side, depends on other factors of your qualifying and customer status. 

I'm an investor in LA and Orange Counties.

At this moment, I am currently in the process of saving money for a down payment to purchase my first home.I live and work in Orange county California where the average house is selling for at least $500,000, which happens to be a little out of my budget. 

I'd suggest you get with a 203k lender in the oranges or newark area and find out what you qualify for.  

I've seen similar new duplexes in Apopka (NW Orange Co) sell for over $400k with rents in about the same ballpark.

Carlos here is the link for the Orange County association and for MLS Salesperson only. http://www.ocar.org/Membership/MLS-Only-Salesperson.html