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Updated almost 9 years ago on . Most recent reply

Kareem Hyman's profile image
Kareem Hyman's profile image
Kareem Hyman
  • Rental Property Investor
  • from Northern New Jesey
  • Member since Feb 9, 2016
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Kareem Hyman's profile image
Kareem Hyman's profile image
Kareem Hyman
  • Rental Property Investor
  • from Northern New Jesey
  • Member since Feb 9, 2016
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Kareem Hyman
  • Rental Property Investor
  • Northern New Jesey
4
Votes |
15
Posts
Buying & Selling Real Estate

FHA LOAN

Kareem Hyman
  • Rental Property Investor
  • Northern New Jesey
Posted

Hello, all I was reading about the FHA loan and was wondering if you could use the FHA loan to purchase your second home if you haven't used already used it for the first home. So for instance if you use a conventional 20 year loan for your first home could you use the FHA loan for the second?

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Nnabuenyi Anigbogu's profile image
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Nnabuenyi Anigbogu
  • from Chicago, IL
  • Member since Mar 12, 2015
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Nnabuenyi Anigbogu's profile image
Nnabuenyi Anigbogu's profile image
Nnabuenyi Anigbogu
  • from Chicago, IL
  • Member since Mar 12, 2015
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Nnabuenyi Anigbogu
  • Chicago, IL
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Nnabuenyi Anigbogu
  • Chicago, IL
Replied

@Kareem HymanYou would have to live there for a minimum of one year before you are allowed to fully rent it out.

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