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Updated almost 4 years ago,

User Stats

77
Posts
65
Votes
Christian Allen
  • Investor
  • Providence, RI
65
Votes |
77
Posts

How quickly can you get another FHA loan?

Christian Allen
  • Investor
  • Providence, RI
Posted

I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would see that I moved so quickly from one multifamily property to the next and question the reasoning for moving.

Has anyone had success in using an FHA loan within ~1 year after originating the first? Any other strategies for using a second owner occupied low down payment loan for a multifamily househack?

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