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All Forum Posts by: Joyce Marie

Joyce Marie has started 1 posts and replied 1 times.

Post: FHA Multifamily Investing

Joyce MariePosted
  • Posts 1
  • Votes 0

Got a question for real estate investors/real estate agents and mortgage lenders 🙏🏽

I’m pretty new to the Houston area, we’re in the southwest near Sugarland/Richmond and we really love this side and would love to stay around this side of town.

However, we're planning to start our journey as investors in a couple of months. We'd love to use an FHA loan on a multifamily property. So far, the multi families I've seen are all up north some within the loop. Which we're not too familiar with.

Q1: is there really no inventory of multi families on our side of town?

Q2: REI - have you househacked and only lived in the property for a year if you had a FHA loan? A possibility we're thinking about

Q3: What are some tips for first time investors in the Houston market you think we should know/be aware of?