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Updated about 9 years ago on . Most recent reply

Gary Wright's profile image
Gary Wright's profile image
Gary Wright
  • from Temecula, California
  • Member since Dec 23, 2015
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Gary Wright's profile image
Gary Wright's profile image
Gary Wright
  • from Temecula, California
  • Member since Dec 23, 2015
Connect
Gary Wright
  • Temecula, CA
12
Votes |
19
Posts
Private Lending & Conventional Mortgage Advice

FHA for Buy/Hold

Gary Wright
  • Temecula, CA
Posted

I was recently wanting to purchase my mom's house (paid free and clear) to turn it as a rental. Quicken loans told me I couldn't use FHA to purchase the house because I need to live in it. Is that right? Is there a way to buy and hold using FHA? I'm new to this, so your help is appreciated.

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