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Updated almost 4 years ago on . Most recent reply

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21
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Gabriella Borukhov
  • New to Real Estate
14
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21
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Buying vacation home as your first property?

Gabriella Borukhov
  • New to Real Estate
Posted

What is your opinion on buying a vacation home as your first property? 

I would like to eventually buy a fourplex with an FHA loan and house hack however, I am playing with the idea of buying a single family home as a vacation home and airbnb it to gain some experience and have a place to stay when traveling. I am concerned if this will ruin my chances of getting approved for an FHA loan since it will be my first property that I buy.

What are your thoughts? 

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