Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
FHA loan and then investment property too much debt?
Hello,
I recently thought about this jdea. If for my first home I use a FHA loan and put down 3.5 percent or even slightly more and then turned around and bought an investment property a couple months later, would that be too much debt too quickly ?
My FHA loan residence would probably cost 140k or less and my out of market investment would cost hopefully 120k or less.
Please let me know your thoughts.
Thanks,
Caleb