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Updated over 7 years ago,

Christopher Wallak's profile image
Christopher Wallak's profile image
Christopher Wallak
  • Rental Property Investor
  • from Buffalo, NY
  • Member since Jul 5, 2016
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Christopher Wallak's profile image
Christopher Wallak's profile image
Christopher Wallak
  • Rental Property Investor
  • from Buffalo, NY
  • Member since Jul 5, 2016
Connect
Christopher Wallak
  • Rental Property Investor
  • Buffalo, NY
0
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9
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Buying & Selling Real Estate

Purchased 1st property through LLC, can I still do FHA?

Christopher Wallak
  • Rental Property Investor
  • Buffalo, NY
Posted

Hi all,

I recently purchased my first property near the Buffalo area through an LLC (received a commercial loan). I was wondering if I could purchase my next property as an owner-occupy and receive FHA benefits (ie: low down payment, etc), then transfer the property to my LLC after 1 year when I move out?

Thanks!

Chris

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