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Updated over 7 years ago on . Most recent reply

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Joseph Doyle
  • Investor
  • Boise, ID
17
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15
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Conventional/ VA/ FHA limits

Joseph Doyle
  • Investor
  • Boise, ID
Posted

I'm looking to get started with a few house hacks. I already own one home which is currently a rental purchased with a VA Loan. I would like to do my next two with FHA and a second VA over the course of the next two years. My question is if either before purchasing the first house hack, or while occupying it, I find another deal I want to use purely as a rental through a conventional mortgage will the number to properties I own impact my ability to get a future VA or FHA loan or is it just done off of my debt to income ratio?

Most Popular Reply

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Stephanie P.
#4 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
2,757
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4,876
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Stephanie P.
#4 Mortgage Brokers & Lenders Contributor
  • Washington, DC Mortgage Lender/Broker
Replied

@joseph doyle

Do "house hack" as a keyword search in biggerpockets and you will see a ton of people who have done this. 

  • Stephanie P.
  • Loading replies...