My primary residence is paid off, and I have an open HELOC on it.

Have you tried marketing the condo to other residents of the same building/complex esp those who live in 1 bedroom units?

I am moving out of my primary residence in a few months and will rent it out.

Hi All,I was wondering could I still get an FHA loan even though I already have a VA loan one primary resident?

We own a home that we purchased 3 years ago as our primary residence.

Prices in my current area of residence aren't doing it for me and I decided to take a look at another area I know.

I have fully paid off my primary residence and have secured a HELOC of $435K against it from US Bank, secured a month ago.

An elderly resident managed to set two fires within the course of a weekend. 

@Jordan Bochner The short answer is, Yes you can own a rental property and use FHA to buy a primary residence.

My plan to getting started is to buying a single family house 4-6 bedrooms for around 200-300k  and renting out each bedroom for around 600 a month the area I'm looking to invest in has 2 major university's and 1 major collage so id be looking to rent to students , I do not have enough money to put down a conventional 20% down payment for an investment property so id have to put down 5-10 percent down with Mortgage insurance and put it as my primary residence but realistically I wouldn't be living there.