Looking to buy first property - hello BP!
Hey guys and gals,
I'm Rick, I live in Texas, I'm a full-time musician, and am looking to research here on BP before I invest in my first real estate opportunity. I currently and have been wasting away money in an apartment. Since I am a musician, when it comes time to qualify for a loan I'm not sure if I should do so with a conventional loan or a FHA loan. My only "proof" of money is going to have to come from my tax returns. I'm not sure on wether or not I should first purchase a foreclosure, a single-family home (and do a rent a room with a roomate so that he or she can help pay mortgage), or a live-in multi-family "House Hack" duplex or triplex. Any opinions would be greatly appreciated and I look forward to browsing the forums. :)
Rick