Lender and Funding Help

[Charlie Lehoux]

Hi Everyone,

I'm working towards my first property purchase and was hoping to use an FHA loan on a multi-family home to occupy while renting out the other half. However, I'm a 20 year old student without a consistent income. I have a partner at school that wants to work with me on this once we figure out the funding. Will a lender ever consider offering a loan, even a FHA loan to a student with no income and only a few thousand in savings? Doesn't sound likely. Should we focus on finding funds from our local connections or talk to the lender anyway? Any info or help is greatly appreciated!

Thanks,

Charlie Lehoux