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Updated over 9 years ago on . Most recent reply

Angel Moreno's profile image
Angel Moreno's profile image
Angel Moreno
  • from Waukegan, Illinois
  • Member since May 16, 2015

User Stats

16
Posts
1
Votes
Angel Moreno's profile image
Angel Moreno's profile image
Angel Moreno
  • from Waukegan, Illinois
  • Member since May 16, 2015
Angel Moreno
  • Waukegan, IL
1
Votes |
16
Posts
General Real Estate Investing

Portfolio Conventional Loan 3% Down Payment

Angel Moreno
  • Waukegan, IL
Posted

I asked a question on Bigger Pockets if there were any better options than FHA loan for a multi-family home. A member said I could use a portfolio conventional loan 3% down payment to buy a first multi and then still have the option to use an FHA 3.5% down payment on a second multi. Is this possible? I thought FHA was supposed to be for first time home buyers?

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