How many FHA loans are possible?
Hello! New investor here, I was wondering how many fha loans per person are possible? I am aware that one can refinance from FHA to conventional but I'm not sure how others scale and get properties very quickly (I need help understanding different financing options to get multiple properties a year)
Any information and tips would be amazing !
Most Popular Reply
Hello Clarence,
You can potentially have 2 FHA loan simultaneously with some exceptions (buying for elderly parents whom could not otherwise afford a home on their own or for a child who is disabled). This is allowed for both fannie and freddie mac conventional financing.