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Updated almost 6 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Michael O.
  • Rental Property Investor
  • Houston, TX
2
Votes |
10
Posts

Inherited 100k/ fha loan question

Michael O.
  • Rental Property Investor
  • Houston, TX
Posted

Newbie question!

My sister and I purchased our primary residence with a fha loan back in 2015. I also inherited about 100k. After some research I’ve decided to house hack either a duplex or a quad using a fha loan. Will I have to refinance out of the fha loan on my primary residence to qualify for a new fha loan? What would you guys do in my situation?

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