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Updated about 3 years ago,

Michaela Manco's profile image
Michaela Manco's profile image
Michaela Manco
  • Member since Jul 22, 2018
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35
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12
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Michaela Manco's profile image
Michaela Manco's profile image
Michaela Manco
  • Member since Jul 22, 2018
Connect
Michaela Manco
12
Votes |
35
Posts
Buying & Selling Real Estate

Finance options for second home?

Michaela Manco
Posted

If I currently have an FHA loan that was used to purchase a multi family 3 years ago, and would like to buy an owner occupied single family while keeping the multi as a rental, what are my down payment requirements? Is it favorable to refinance the current FHA into a conventional loan and then free up my ability to use an FHA loan for use on the single family?

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