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Updated almost 6 years ago,
Currently Live with my parents with a rental home.
If I live with my family and have a rental home that I took a HELOC loan out while using the home as collateral. I am looking to get more investment properties. Would I be able to get a FHA loan if I were to find a town home or a multiplex even if would become my second Home that I buy? On top of that, if I take out a FHA loan on that property would I be able to rent it out at a later date without changing loan terms?