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Updated about 8 years ago,

Account Closed
  • Tampa, FL
15
Votes |
33
Posts

Pros and cons of buying a duplex with or without an FHA loan

Account Closed
  • Tampa, FL
Posted

Hi guys! I'm new to the investing world and I'm debating on whether or not an FHA loan would be beneficial or if maybe its not for me and will cause me to slow down in buying more properties in the future. For instance, the plan would be to rent out one unit and live in the other unit for three years like they require. However in the long run, this property would be under my name and not under an LLC. Would I not be protecting myself if after the three years I'd like to rent out both units? Am I better off going without out FHA loan? Any articles that I could read would be great too. Thank you!

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