Newbie analysis paralysis re: mortgage + timing
Looking to start my first solo deal which will likely be a live-in rehab + roommate then sell or preferably rent. (Few to no multifamily in target area)
Basically, I have 2 issues at the moment.
Issue #1 - working on getting preapproval before looking at properties and I'm a little overwhelmed with the choices. I'd like thoughts on:
A. Big box online (Quicken etc.) vs. local/regional bank
B. Is it overkill/disadvantageous/waste of time to apply to all or most or is there a smarter way?
C. Anything I'm probably oblivious to in this area?
Issue #2. I'm considering moving at the end of the school year (about 70 miles away) but I might stay an additional year. I know that probably kills FHA options. So...am I jumping the gun to potentially end up renting my first property a couple hours away? Should I wait until (if) I move?