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Updated about 7 years ago,
Financing a purchase with an FHA loan while currently in an FHA
Looking for a strategy to purchase a triplex with a low money down FHA loan but currently in an FHA product in my primary residence.
Is this possible? My first thought is to move my home into a separate entity to clear my name of the FHA but the tax implications would be a nightmare, renting my own home to my self. Not to sure I want to do that.
Any ideas on strategy for low money down financing to get started while currently in a mortgage?
Thanks!