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Updated almost 10 years ago on . Most recent reply

Reginald Vaughn's profile image
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Reginald Vaughn
  • from Houston, TX
  • Member since Feb 1, 2015
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Reginald Vaughn's profile image
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Reginald Vaughn
  • from Houston, TX
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Reginald Vaughn
  • Houston, TX
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Foreclosures

HUD Property

Reginald Vaughn
  • Houston, TX
Posted

I am currently purchasing a HUD property for the purpose of renting out. What is a better loan to consider a Conventional Loan or a FHA Loan..., also from a term perspective 15YR or 30YR? I am new to investing and would like your opinonons.

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Greg H.'s profile image
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Greg H.
  • Broker/Flipper
  • from Austin, Texas
  • Member since Jan 2, 2013
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Greg H.
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  • from Austin, Texas
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  • Austin, TX
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

@Reginald Vaughn

I can narrow it by one. FHA is only for owner occupants so if you are going to rent it out it is not an option

  • Greg H.
    • 3 Votes
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