All Forum Posts by: Account Closed

I'm coming into some money from my divorce. Even though I've owned my marital home, I still qualify for first time home buyers loans. I'm really torn if I should buy the home I'm renting BEFORE I buy a multi family rental income property or not. If I buy the home I'm living in, I can potentially put up some short term rentals on the property (air bnbs out back)... and have some extra Income that way. But it'll be a year before I can make another purchase AND I probably can't use an FHA loan to purchase a multi family later on. But same vise versa... if I buy a multi family to rent out, it'll be a year before I can buy my home I'm living in... and won't be able to use FHA loan. Lol 😆 does anyone have any insight for me?