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Updated over 4 years ago,
FHA loan & Investment Properties
Hello RealEstate Gurus,
I have a general question, and want to see if I'm just missing simple common sense. Why can't you use an FHA loan to purchase a property to then use that property as a rental/AirBnb? What are the consequences/restrictions and or lender measures to find out? How will they know that's what you are using for? I'm sure there is no Polygraph exam during the approval process 😂. Thank you in advance!
Arthur Voskanyan