Updated over 6 years ago on . Most recent reply
Any Way Around 2-Year Self-Employment Req. for FHA Loan?!
Hey guys! So, I'm 23 years old, started a business in January that has been quite lucrative (thank God) and I've got the money saved up to buy my first property. I'm wanting to buy a small-multifamily (4-unit or less) or even a SFH if I have to, using the "House Hack" method combined with (hopefully) FHA financing. The only issue is that I don't have the 2 years of self-employed business history. I'm wondering what advice you guys may have for me!
Also - I'm from Houston, TX and will be investing there, but looking to buy this first property in Redding, CA (North California) as my wife and I are considering going to school out there for a year and I think it'd be a great opportunity for a House Hack.
Thanks in advance, guys!