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 over 4 years ago,
Purchasing first home/rental, can I get an FHA for a rental?
Hello,
I am 21 and about to begin the process of my first home purchase, however I do not plan to live in the house. I currently reside rent free in a paid off family home and am conveniently 10 minutes from work. I plan to continue living in my current home and purchase my first home to begin my real estate journey. Before submitting my application, I would like to know whether it is at all possible to use an FHA and get around the required residency?