Even with two possible outcomes I won't be left holding a worthless note.

I'm interested in SFH's and possibly some small multi-family. 

@Chandra Broughton Since this is my first time buying real estate, I wanted as much protection as possible.

OK possible but hard(er).

I have pics but it's all ugly demo pics and not completely finished pics.Future plans are to keep building my portfolio, possibly using FHA strategies, or possibly commercial.Anyways I thought I'd get on here and say hi to everyone here.  

It's a fixer-upper triplex with fourth unit in the back, ~80k. the goal is to live in it and possibly do a BRRRR. probably looking at an FHA 203k or hold off and rehab it over time as i get the money, potentially using the cash flow to rehab it. 

Is it possible for me to still get one of these loans without the 2 years of employment history?

I'd imagine some of the "pros" of being a licensed investor would be taken away if you were working under a broker (fees, commission split, etc) but obviously for someone new being a broker from the start isn't possible. 

Genuinely looks like the developer ran out of money.It *IS* an upscale subdivision, though: the home look like 4-5 bed, possibly 2.5 or more baths, easily 3000+ sq ft. 

Now I am getting ready to buy a second house (possible multifamily, although there are not tons out there).