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Updated about 10 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Cody Brinkman
  • Investor
  • Lincoln, NE
3
Votes |
21
Posts

FHA loan requirements.

Cody Brinkman
  • Investor
  • Lincoln, NE
Posted

Hello BP.

I've been exploring some lower cost options for property acquisition and the idea of an FHA loan came up. I am aware or the occupancy constraint and I'm ok with that but what I haven't been able to find an answer to is whether or not I'd qualify. I already have 3 conventional loans ( 2 portfolio 1 Fannie Freddie ) but they are all investment purpose properties and I don't actually have a primary residence. Could I convince the FHA to finance a quad plex for me?

Regards, 

Cody Brinkman 

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