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Updated over 5 years ago,

User Stats

63
Posts
11
Votes
Ethan McRae
11
Votes |
63
Posts

FHA loan clafirication

Ethan McRae
Posted

Hi all,

I read this awesome BP article here

https://www.biggerpockets.com/blog/2015/03/25/fha-...

but I have some questions I was hoping to get some help with.

In the part where Lee says:

"you will not be able to get another loan until you have two years of landlord experience with that home on your taxes",

does this mean that you have to wait two years while being a landlord for that property before you can get ANY second loan or just another owner occupied loan?

If I bought a duplex for my first rental property, if all went well, I think I would want to dive into buying a second property not too long after. Is this feasible when purchasing a duplex with an FHA loan?

Thanks

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