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Updated over 2 years ago,
Using FHA financing or Private Money
I rent a nice house in a neighborhood that I can't afford to buy in. Daughter loves her school and friends - don't want to move if not necessary. I'd love to do the BRRRR method on future deals, but since I still have the option for an FHA 3.5% down loan, I'd like to take advantage of that. Can I buy a house with owner-occ financing and rent it out right away?