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Updated over 4 years ago,

Frank Baumgarnter's profile image
Frank Baumgarnter's profile image
Frank Baumgarnter
  • Member since May 26, 2020
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Frank Baumgarnter's profile image
Frank Baumgarnter's profile image
Frank Baumgarnter
  • Member since May 26, 2020
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Frank Baumgarnter
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3
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Buying & Selling Real Estate

FHA BRRRR Question that’s been on my mind

Frank Baumgarnter
Posted

Im looking to purchase a duplex in the near future. My goal is purchase with an FHA loan, and hold onto it as a rental property after my first year of living in it. Is it possible to take out another FHA loan to purchase my next property? Or would I have to pay off the first FHA loan first, then apply for a second FHA loan?

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