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All Forum Posts by: Federico Fej

Federico Fej has started 1 posts and replied 1 times.

Multi-Family and Apartment Investing

Post: Moving after buying a multi-family house with FHA mortage?

Federico FejPosted
  • Posts 1
  • Votes 0

So, i am in the process of buying my first property which is a 4 unit multi-family property. I am doing an FHA loan and will move in once approved. The thing is, i am excited about this and already want to buy another property, in this case a single family house. Am I able to move with an FHA loan from a multi-family property to a single family house in less than a year as stipulated by FHA? Wondering since i heard once someone mention an exception if it was this type of move. Also, i know i can change loan types but that is not the idea. Thank you! Appreciate your input!

0 Votes
San Juan, Puerto Rico