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All Forum Posts by: Tommy Dedrick

Tommy Dedrick has started 2 posts and replied 2 times.

Private Lending & Conventional Mortgage Advice

Post: FHA loan to buy land?

Tommy DedrickPosted
  • Rental Property Investor
  • Posts 2
  • Votes 0

Can you use an fha loan to buy both the land and construction loan or does it have to be exclusively for the construction?

0 Votes
First-Time Home Buyer

Post: FHA: can I house hack multiple times over by moving?

Tommy DedrickPosted
  • Rental Property Investor
  • Posts 2
  • Votes 0

I finally am finishing school and will immediately be qualified to purchase my first home! My plan is to buy a house on an FHA loan (small multi-family) and live in one portion, while renting out the others. Then move every year to continually buy more homes using an FHA for each one. Do I need to refinance the homes I move out from an fha to another type of loan before purchasing the next one? Is this plan possible?

0 Votes