Hello Bigger Pockets members! Hopefully I'm writing this in the correct category. For the past few weeks I've been studying this method and finally got the courage to start searching. I currently live in West Covina California, and I'm looking for a property within a 50 mile radius. I've saved up about 50k, so can someone help or recommend any great lenders and agents in my area. It would be much appreciated. This will be my first home purchase so I am going to try to qualify for an FHA loan.
Also Is this a great investment with my 50k?
@Miguel Hernandez Congratulations on having the courage to take the first step! Couple questions for you to help clarify your goals around your first home purchase:
1) Will this just be a single family home which you live in as a primary residence with your family? Or are you looking to use your FHA loan to house hack a 2-4 unit property?
2) If you are purchasing a single family for your first purchase there are also some great conventional loan solutions with just 3-5% down.
I look forward to hearing more about your story and goals for your first home purchase! Please do not hesitate to send me a DM if you have further questions about the lending side and want to put a game plan together for your first home purchase. I am happy to help!