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Updated over 5 years ago on . Most recent reply

Howard C's profile image
Howard C's profile image
Howard C
  • from Brooklyn, NY
  • Member since Oct 3, 2010
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Howard C's profile image
Howard C's profile image
Howard C
  • from Brooklyn, NY
  • Member since Oct 3, 2010
Connect
Howard C
  • Brooklyn, NY
4
Votes |
24
Posts
Buying & Selling Real Estate

Possible to get a FHA loan with several investment properties?

Howard C
  • Brooklyn, NY
Posted

How would you package your application in such a way that the underwriter wouldn't question why you will buy a triplex as a primary residence versus just another investment property since I'm an investor with many multi-families? Just to be clear my intent is to reside in one of the units and rent out the other 2. The biggest hurdle is to convince the lender that I'm not just using FHA to add to my portfolio of investments.

How would you go about this? Is getting FHA even possible in my scenario?

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