Is this strategy feasible or am I off base?

[Christopher Taylor]

If I currently own 1 owner occupied multi unit that I utilized Fha funding for, and then form an LLC which I use to acquire an investment property with partners for the purpose of flipping, will I still be able to personally use fha lending a second time in order to acquire a second live in multifamily home assuming I had leases signed for all units in the first multi unit?

I understand that getting funding for properties to invest in under an LLC will most likely require me to use my own credit and or assets to guarantee the loan and my fear is that having another investment property on my credit report will somehow interfere with me utilizing fha a second or even third time.

I know this is an extremely long and vague question I just cant get to the bottom of this and it's really gnawing at my head as I try to scheme. Any insight is much appreciated!