Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
TRUSTEN BROWN
  • Property Manager
  • Tacoma, WA
0
Votes |
6
Posts

Financing option for 3rd duplex?

TRUSTEN BROWN
  • Property Manager
  • Tacoma, WA
Posted

Hello everyone, 

My name is Trusten Brown, 27yr old currently living in Pierce County Wa.

A brief explanation of my current situation, I currently own Two duplexes in the Pierce county area both of which I have house hacked. I bought the first one with my VA loan,lived in it for a year during which a significant amount of remodeling was done. Then used the remainder of my entitlement and did the same thing.

Well it's been a little over 2yrs now and remodeling is done on both completely,my question is this.

I am wanting to purchase my 3rd duplex and do the same process however my va entitlements for 0% down are used. I have excellent credit 760+ and cash reserves but I am wanting to avoid a large down payment, could I use an FHA loan to fund the 3rd property since I plan on living in one of the units?

Loading replies...