There are only a few exceptions that allows someone to have more than 1 FHA loan at a time.Relocation: If a borrower is relocating to a different area not within reasonable commuting distance of their current residence, they may be eligible for another FHA loan to purchase a new primary residence.

Regarding the house hacking purchase, are they looking to stay local? 

Their biggest problems are things like:“my net worth is $10M and $8.5M of it is in my three properties I purchased 25 years ago.

If you purchased this house turnkey this is why you have to wait 1-2 years to tap into the equity.

Depending on when the property was purchased, the second wife likely has a claim.

Hello BiggerPockets Community,
I'm exploring the possibility of investing in tax deeds in Georgia and am keen to gather insights from those who've navigated this path. Specifically, I'm interested in understanding th...

I purchased a property in July with a SFH with two ADUs in the back.

The plan: I am identifying on/off market properties that are targets, will do all of the real estate work (listing, showing, advertising, vetting, etc) and will split the cost of the purchase of the home and the material costs for any needed repairs.The contractor will be subbing out portions of the job and be on site mostly full time until the project is completed. 

Purchase price: $164,000 Cash invested: $300,000 Sale price: $995,000 2,900 Square Feet5 Bedrooms 3 BathroomsUniversity of Arizona Adjacent What made you interested in investing in this type of deal?

Will you be using the BP calculators (or alternative) to determine "pure" cash flow so you find a deal that really works.