How early is too early?

[Itia Dow]

I am currently paying off debt and plan to be done with $111k by Sep 2021 at the latest (plan to get some side hustles to speed that up). I want to purchase a property within 6-8 months of finishing my loan payments and ideally I would use this year to continue learning and crunching numbers on properties that I find for practice, but have no idea what my budget should be because I have no idea what loan amount I might get approved for...I would like to do FHA for the 3.5% down and looking at qualifications I should be able to qualify, but I feel like until I actually sit down and see what exactly I can get approved for, there is a huge gap in my planning...

[Alex Olson]

@Itia Dow I would not look into the loan side of things until late this year/early next. For now, I would watch webinars pod costs and books. And save save save so you can have the best chance at house hacking as you say. Buy a duplex or better yet four plex to maximize your fha loan. Make sure it will pay your mortgage or more with the other renters in place! Good luck and keep going!