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Updated almost 4 years ago on . Most recent reply

Cody Rosenbalm's profile image
Cody Rosenbalm's profile image
Cody Rosenbalm
  • Investor
  • from Smith County, TX
  • Member since Feb 10, 2021
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Cody Rosenbalm's profile image
Cody Rosenbalm's profile image
Cody Rosenbalm
  • Investor
  • from Smith County, TX
  • Member since Feb 10, 2021
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Cody Rosenbalm
  • Investor
  • Smith County, TX
3
Votes |
11
Posts
Creative Real Estate Financing

Can I use an FHA Construction Loan to Build a New Duplex?

Cody Rosenbalm
  • Investor
  • Smith County, TX
Posted

I know that you can use an FHA loan to purchase a preexisting duplex (aka "house hack") but can you use the FHA construction loan to BUILD a NEW duplex?

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Adam Wright's profile image
Adam Wright's profile image
Adam Wright
  • Developer
  • from Nashville, TN
  • Member since Oct 11, 2015
  • Posts 16
  • Votes 6
  • Experience 13 Yrs
  • Investments 5
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Adam Wright's profile image
Adam Wright's profile image
Adam Wright
  • Developer
  • from Nashville, TN
  • Member since Oct 11, 2015
  • Posts 16
  • Votes 6
  • Experience 13 Yrs
  • Investments 5
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Adam Wright
  • Developer
  • Nashville, TN
6
Votes |
16
Posts
Adam Wright
  • Developer
  • Nashville, TN
Replied

@Cody Rosenbalm check out a construction to permanent loan. Interest only for 12months during build and automatically rolls to conventional after obtaining C/O. One closing

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