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Updated 11 days ago, 12/14/2024
Attention Investors: Scale up starting with FHA
Hello BPP Forum Family,
Currently in FHA property that I have been in for about 5 months now where I am creating value to add to equity. With the added equity and projected lower interest rates next year I am hoping to purchase another property with as little out of pocket as possible. I've done research and saw that another FHA loan is possible under certain circumstances.
1) Has anyone ever been able to secure second FHA loan under these rules?
2) If you ever had an FHA loan how did you go about getting into your second property with low money down
3) Any suggested creative financing deals you were able to use to get first investment property?
Thanks in advance!!