We're considering using an FHA loan, but due to his credit score, we haven't started the preapproval process yet.What steps would you recommend we take to secure funding for our first investment?

Luis Capriles I just officially started working with mine a few weeks ago, but so far I like how it is working out.

I kept repeating the process and slowly but surely started seeing some traction.

If the tenant ever builds up another $500 or so in debt then I would evict.  

In fact, the median sales price of a single-family home in the Austin metro is ~52% higher than it was at the start of 2020.

This includes mandatory structural inspections for buildings over 30 years old and the elimination of the option to waive reserve contributions.

Get used to underwriting properties to build confidence.

But if you are already worried about paying back that HELOC out of the property you buy, you are creating a house of cards from the start depending on how good of a buyer you are.

Hello, I am looking at building a primary residence with one of the large builders in my area.

Hey Austin, congrats on starting your LLC!