FHA Loan Qualification Update for 2024 - First Time Home Buyer 2024

Don't forget to subscribe, leave a rating and a 5-star review. If you leave a 5-star rating and review, send me an email [email protected] and I’ll send you a free training on finding and analyzing properties.In this episode, I  break down the FHA's new policy and how it empowers you to use rental income from an accessory dwelling unit (ADU) as part of your qualification for a property. This is a groundbreaking shift for many aspiring homeowners and I'm here to guide you through it. I also get into the specifics of this new policy and show you exactly how that can work. Plus, we explore the FHA 203K loan - a unique type of home financing that merges mortgage and home renovation costs into a single loan. Check out the episode about the Fannie Mae 5% Down Program here. Apply to my Out of State Investing 4-Week Workshop- https://www.outofstatemoney.com/workshopDownload my free guide, 8 Steps to Buying Your First Out of State PropertyAccess all of our resources on our website- https://www.blackrealestatedialogue.com/links Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy