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Updated over 5 years ago on . Most recent reply

Nicholas Daniels's profile image
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Nicholas Daniels
  • Member since Oct 7, 2019
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Nicholas Daniels's profile image
Nicholas Daniels's profile image
Nicholas Daniels
  • Member since Oct 7, 2019
Connect
Nicholas Daniels
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New Member Introductions

FHA Househack: then purchase a conventional after

Nicholas Daniels
Posted

I was curious if I bought a duplex with an FHA loan (house hack, live in one unit rent the other) (3.5% down). Could I then purchase a 4-plex using a conventional loan (25% down) and put that inside an LLC?

Then could I pay off 25% of the FHA loan convert it to a conventional, then put it inside an LLC?

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