Buying an apartment/townhouse for rental investment

[Amro Issa]

Hi all,

I’m looking at some properties to buy and rent out but have a couple questions. I do not have the cash to pay for the property out right and looking to use the loan route. (State of Texas)

1) can you buy a property using an FHA loan and rent it out?

2) if not, which loans allow me to buy a property to rent out which would still make financial sense and return?

Thanks,