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Updated about 4 years ago on . Most recent reply

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FHA Loan vs Conventional Loan

Posted

I currently have my eyes set on two properties that I would like to purchase at the same time or atleast within the same month. What would be the best way going about purchasing the properties. My initial thought was to purchase 1 property with a FHA- Loan and live there for a year and the second property with either another FHA-Loan or a conventional loan. Although I do not have the funds to put down a 10% downpayment. I also wanted to know if it was feasible to put 2 properties on one mortgage.

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