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Updated almost 4 years ago on . Most recent reply

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3
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3
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Shae Dean
  • Lawrenceburg, KY
3
Votes |
3
Posts

FHA Duplex loan

Shae Dean
  • Lawrenceburg, KY
Posted

Hey guys first post here so I'll treat this as an introduction as well and then get on to my question. I am currently a property manager with a management company here in Lexington, KY and will soon have my RE license ( just have the exam left). 

I am wanting to get my first investment deal going and after some research and thought I feel that a duplex is what will suit me best. I am wondering if anybody has went through with the "FHA duplex" loan that they offer? Is it fairly common to obtain? I will of course be occupying one side and renting the other. Id like to find a place around here, or we are really wanting to move to Savannah, GA and my thought is if i decided to move it would really benifit to have the extra support with tenants rent.

Thanks for all of you guys help, and if any local investor needs any help or would like to pass on some knowledge I'm up for it!

Most Popular Reply

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25
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10
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Tom Waddell
  • Portland, OR
10
Votes |
25
Posts
Tom Waddell
  • Portland, OR
Replied

Hi Shae -- I'm planning on doing the same thing. Good luck to you. Not sure if you saw this great post from the other day: 

http://www.biggerpockets.com/renewsblog/2015/03/04...

  • Tom Waddell
  • Loading replies...