Starting Out
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
Help with what to do with my FHA loan
Hello everyone,
I am new to real estate and exploring options for my first FHA loan. With that being said I have a few questions about it and I am curious to know the best route to take from more seasoned investors. I am looking at buying my first property.
My first option is to buy the home with the FHA loan, live in it for a year and then turn it into a rental right when I hit a year. If I go this route, when I take out another loan to get another house can I still get qualified for the FHA loan or do I have to go another route and i f so what do interest rates and down payments look like?
My second option would be to use my FHA loan to buy a 4plex and house hack it for obvious reasons. Getting a lower down payment and lower interest rates with that loan seems the most beneficial with a 4plex.
Any information or help is much appreciated and again I am new so feel free to point out any issues in the two proposals.