General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
FHA for 2nd or 3rd property?
My 2018 REI goal is to buy two properties. One an FHA loan and the other purchased conventionally. Both MF. My family and I will live in the owner occupied for a year plus. We currently live in a house with a detached MIL apt rented in the back. We will keep this property and rent it out completely.
I'm wondering if I should do this in a particular order? FHA first? Conventional purchase first? Will owning two other properties affect my ability to get an FHA financing? Also, is there anything I am overlooking or should be concerned about with this plan?