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Updated about 5 years ago,

User Stats

24
Posts
4
Votes
Howard C
  • Brooklyn, NY
4
Votes |
24
Posts

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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