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Updated over 7 years ago,
Can partner and I have 2 primary residence loan?
Domestic Partner and I recently purchased a primary residence under my conventional loan only. ( I was late listening to Scott trench podcast about FHA loan, darn) We want to buy another property as a rental ( duplex or single family) and I was thinking if it's possible if my partner can get an FHA loan as a rental property to use 3.5% down. However with fha it needs to be lived on at least oa year, right? If the FHA will not work, what are Our other options for a loan for a rental property?