I am planning on renting the house out for roughly $1950 to have some extra income to use when showing income for my next loan.

After the credit score is built I want to get an FHA loan for house hacking, I know that you need a job history to apply, but here is my question "Does the job history from my country matter in the USA as a 17 years old or in general as an adult for an FHA loan?

@Jesse Jamrowski 9% would come from someone paying my principal portion of the loan.

@Trey Campagna without knowing much about your situation I'd say the first thing to do is to use a VA loan to buy a primary residence with as little money down as possible and the lowest interest rate available.

Hi all,I purchased a two-unit home a few years ago as my primary residence with a conventional loan, and was told by an accountant that there is no reporting or extra tax forms I need to file as long as my tenant in the upstairs unit is paying less than the total of my mortgage.

And no idea how any loan beyond a DSCR loan works but knows that the DSCR is always the best option and thinks the DSCR loan is somehow undetectable from underwriting on the next application.  

If you want to tap into that equity please reach out as I am a loan officer.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

This allows you to generate passive income through rental payments.Financing Additional Properties: Use your equity to secure financing (like a home equity loan or line of credit) to purchase additional rental properties.

To cash flow properties with current interest rates can be challenging..a lot will depend on terms of both the loan and the actual negotiations.