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 info@blackrealestatedialogue.com 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/workshop

Download my free guide, 8 Steps to Buying Your First Out of State Property

Access all of our resources on our website- https://www.blackrealestatedialogue.com/links