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Updated about 7 years ago,

James Trower's profile image
James Trower's profile image
James Trower
  • Investor
  • from Houston, Texas
  • Member since Jan 3, 2017
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12
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James Trower's profile image
James Trower's profile image
James Trower
  • Investor
  • from Houston, Texas
  • Member since Jan 3, 2017
Connect
James Trower
  • Investor
  • Houston, TX
1
Votes |
12
Posts
Texas Real Estate Q&A Discussion Forum

Can an FHA loan be used...

James Trower
  • Investor
  • Houston, TX
Posted

I have a question. I was told by a Texas real estate agent that if I used an FHA loan to purchase a duplex, triplex, or 4-plex that I intended to occupy that I could not collect any rent money from other units because that wold be considered mortgage fraud because FHA loan can not be used for investments. Can someone tell me if this is true. Thanks

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