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Updated over 5 years ago on . Most recent reply

User Stats

24
Posts
9
Votes
Jack Hurdle
  • Stone Mountain, GA
9
Votes |
24
Posts

Starting my rental empire

Jack Hurdle
  • Stone Mountain, GA
Posted

If I were to purchase my first home with a 3.5% FHA loan, live there and repair it for a year, then quit claim to an llc, rent it out, then purchase a second FHA loan home, what do I do after another year has passed? Do I continue to purchase another home, once a year until i can refinance enough to go to a portfolio lender?

The idea of moving once a year honestly sounds like something I'm not very interested in doing.

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