Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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 about 10 years ago on . Most recent reply

User Stats

83
Posts
12
Votes
Kyle Evans
  • Flipper/Rehabber
  • Naperville, IL
12
Votes |
83
Posts

Please read! Buying using FHA

Kyle Evans
  • Flipper/Rehabber
  • Naperville, IL
Posted

Hello everyone. Thanks for taking the time to read this post.

I turned 18 and if you have seen my posts before you know it's my goal to buy a rental property while I'm 18. 

Quick question for you. The bank is telling me for investment property you have to put 15% down. Although this would not be a problem, I'm just wondering who would stop me if I used FHA and a month later started to rent it out. How would they know? If they found out what would happen?

Thanks and can't wait see what you guys say. 

Have a great night,

Kyle

Loading replies...