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All Forum Posts by: Caleb Pratt

Caleb Pratt has started 1 posts and replied 3 times.

Post: FHA loan for investment property?

Caleb PrattPosted
  • Destin, FL
  • Posts 3
  • Votes 1

Is it possible to have a FHA loan and a conventional loan at the same time? I know you can only do FHA loans 1 at a time. But can you have other loans while using a FHA loan?

Post: FHA loan for investment property?

Caleb PrattPosted
  • Destin, FL
  • Posts 3
  • Votes 1

@Joel Allen thank you! I didn't know all of the qualifications for a FHA loan, so thank you for clarifying. With house hacking it might be hard since I have a wife and baby boy, but that could open the possibility for a possible live and flip using a FHA loan.

Post: FHA loan for investment property?

Caleb PrattPosted
  • Destin, FL
  • Posts 3
  • Votes 1

Is it possible to use a FHA loan to gain investment properties? I currently do not own any real estate and have been looking to get invested. I've been listening to the podcast for a little now and I know there are many ways in which to obtain real estate, I'm just wondering if this is a strategy and/or option that could be used. Thank you!