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Updated about 8 years ago,

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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,858
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FHA loan and then investment property too much debt?

Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Posted
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

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