Seeking advise on house hacking using FHA
Here in the next year or so when I am out of school I plan on house hacking with an FHA loan and was wondering if there was anything I am missing as far as steps go onto purchasing and closing. I may just be overthinking this.
Any advice/tips/tricks would be greatly appreciated!!
Here's what I have so far:
- Build up credit score preferably 580 or higher.
- https://www.fha.com/fha_loan_requirements do I qualify?
- Research the housing market, contact a trusted real estate agent.
- After locating a property use the 4-square method (Thanks Brandon).
- Make an offer.
- Have the property inspected
- Close sale