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All Forum Posts by: Mark Aiken

Mark Aiken has started 11 posts and replied 22 times.

Post: FHA Primary Residence Exceptions?

Mark AikenPosted
  • Noblesville, IN
  • Posts 24
  • Votes 5

Thank you @Joshua Haynes

Post: FHA Primary Residence Exceptions?

Mark AikenPosted
  • Noblesville, IN
  • Posts 24
  • Votes 5

Hello, I'm a new investor and interested in purchasing a rental property (duplex) in Indiana with an investment partner who lives in Texas. We would prefer to obtain an FHA loan to only put 3.5% down. I know there is a requirement that the home must be a primary residence. However, both units of the home is already occupied. Does create an exception for the primary residence requirement?

Thank you in advance!