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Jake Gaudet
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Househacking in Cleveland - Canadian on a P1 Visa?

Jake Gaudet
Posted

Looking to get some advice from the BP community. I'm currently looking to find a DP in the Cleveland area that I will live in / house hack for the next two years (possibly longer) . I recently signed a 2 year contract to play professional hockey in the area but as a Canadian I think it gives me some drawbacks and I'm curious if anyone out there has any prior experience.

I have a SSN, as well as a fresh credit score (6mo of credit history and will be 9mo by end of September). I'll make roughly $70k each of the next two seasons and I have just under $10k saved up.

I've done some (although I still feel very limited with my knowledge) research about FHA loans and ideally would be able to use some of the grants that seem to be available for down payment assistance. Has anyone been in a similar situation before? Curious if there is anything I need to be aware of since I am in the US on a visa. I lived and played in the US last year (filed my taxes in Cleveland). However my P1 visa expires at the end of August and I receive a new one for the following season, will this affect my ability to get pre-approved etc?

Would appreciate any advice and happy to chat, thanks in advance.

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