Need FHA advice.

[Bradley Heath]

I am looking to purchase a duplex to live in and rent out the other half. However, the seller actually has another identical duplex directly next to the one I am looking to move into. Would it be possible to obtain both duplexes on one FHA loan? Also, is it possible to obtain these properties w/ no money down? I would have enough for a down payment for one duplex but not both. Thank you.

[Mark F.]

@Bradley Heath

No, unfortunately, FHA doesn't allow one loan across two properties and they also only allow one FHA loan at a time. If you'd like to acquire the other property, you'll have to use something other than FHA.