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Updated almost 6 years ago on . Most recent reply

User Stats

13
Posts
4
Votes
Benjamin Lenno
  • Niles, OH
4
Votes |
13
Posts

Third property purchase

Benjamin Lenno
  • Niles, OH
Posted

I am currently house hacking a duplex that I purchased with a fha loan. I bought my second duplex with 25% down loan. I’m trying to get advice on how I should approach my third property. I have been in the fha duplex for over a year. Could I purchase another house to live in with a conventional 5% down loan. Live in that home for a year an rent it out ? Would I have to refinance the fha loan ? Just looking into my options without having to save another 25% down payment.

Thanks

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