Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

Account Closed
  • Atlanta, GA
8
Votes |
93
Posts

Investing with FHA loan

Account Closed
  • Atlanta, GA
Posted

I'm looking to buy my first house to use as rental property. I was told by FHA that I could still get a FHA loan, paying 20% down to use as investment property. Is that a good idea?

My plan is to buy a fixer-upper, around $50,000, putting $10,000 down and fixing up the house to rent out.

Most Popular Reply

Account Closed
  • Atlanta, GA
8
Votes |
93
Posts
Account Closed
  • Atlanta, GA
Replied

Well I was going to FHA route because I didn't have the funds but now I have started my wholesaling business and hopefully I will get 10,000 by the end of the year.

Loading replies...