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Updated almost 10 years ago,
Will a license interfere with a FHA loan?
Hi all,
I've been researching a few different options to start off my portfolio. I eventually came down to the decision of using a FHA loan to obtain a 2-4 unit(3) building. I have also considered going to get my real estate license (just for experience, knowledge, and the future possibility of becoming a part time assistant because a class starts soon that I would take) but I was wondering if that would interfere with me getting a property under a FHA loan. I feel like I saw a post in which someone described that sometimes banks will look down or deny people with a license when trying to get an investment property put in their own name. This may be an amateur questions but it popped up in my head. Any thoughts?
Thanks!