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Updated almost 7 years ago,
Getting an FHA while having a conventional loan
Hey everyone. May be an easy answer, but I’m not sure. I currently have a conventional loan on my home and am wondering if I can use an FHA loan to buy a duplex so long as I move out of my current home and into the duplex. That way I would make the duplex my primary residency and I can turn around and rent my single family home out.
Thank you! -Jacob