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Updated over 5 years ago on . Most recent reply

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Kevin A Holden
1
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3
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Seller Financing a house I bought with an FHA loan

Kevin A Holden
Posted

Hi all! I'm new to the real estate investment world, and have been renting out my only rental for about a year and a half now. I no longer have a tenant so I've been looking for a new one when someone offered me an option to purchase the house via seller finance. We have come close to a deal that I have thumbed through and made sure fits our needs but I just thought to myself... can I even go this route if I bought the home with an FHA!? I hadn't even thought about it because I was a little eager to land a good deal, so I would like to know anyone's input. Are there any restrictions for FHA's that do or don't allow this? Any help is appreciated!

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