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Updated over 6 years ago,

User Stats

9
Posts
1
Votes
Franco Bacco
  • Federal Way, Wa
1
Votes |
9
Posts

Trying to us FHA for second home.

Franco Bacco
  • Federal Way, Wa
Posted

This is my first post here so I apologize if this is in the wrong area or this topic has already been discussed. I'm new in real estate and started my first 2 months buying a 4plex and 2 duplexs out of state and have only owned them for 3 months. These properties are in Indiana and I live in Washington state. I am trying to take care of my mother who lives in Alaska by purchasing a single family home for her in the same area as my rentals in Indiana but would like to get an FHA loan by claiming this as a primary residence and my current home as a secondary. There is no way my mother could qualify for a loan even if I co-signed. I do travel frequently to that area and would have one bedroom setup for me so I could see her and check up on properties current and future so it would be a second home for me. Any advice would greatly be appreciated on trying how to get an FHA loan.

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