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Updated over 3 years ago,
FHA for now and the investment loans
Hi, I am a newbie; I have saved 150K and want to invest. Please let me know if my steps would work:
1) I get investment properties (with 20 or 25% downpayment) and then I get a FHA loan on a fourplex property (next year) and stay in one of them (this will be property in the state where I live - NJ) --- main question - will I get a FHA loan (assuming I meet all the criteria and have saved up 3.5%) if I have investment properties bought just a year or so early?