Several of my friends bought larger homes like 4/2’s and rented out the spare bedrooms to graduate students or working professionals and made really good money.

When I think about ways I could approach this I will most likely be using the 3.5% FHA Loan to buy my property, being a college student.

https://www.housingwire.com/articles/49458-harvard-theres-a-housing-shortage-and-its-eroding-affordability

Now, since the house is super near one of the biggest colleges of PR we would like it to be for students (private rooms and kitchen/living/study to be shared).  

I have started collecting extra deposit as needed for big hairy dogs or younger college students that don't like to clean, as the cleaning charges are more expensive in houses that had pets.

I have a 700 credit score, very little debt besides student loans, and 40k to start my portfolio with. 

Apparently, though my student loans ($382K) are current and on income based repayment; the lender has to use 1% of the fully amortized amount to calculate DTI.So much for ever buying another house again in this lifetime.After having a lot of doors slammed in my face, a local lender proposed the following scenario:Use $125K from the sale as a DP on a $175K house and finance $50K.Is this possible?  

I'm a 22 year college student trying to get my first deal.

I'm a 22 year college student trying to get my first deal.

If my dad won’t co-sign as he has already done so for my older sister and since I am self employed and a student I can’t qualify for one completely on my own.