Ryan Sharp
FHA Eligibility, detached homes
Hey All,I have found a property I love, the problem I'm running into is that my lender doesn't think it would qualify for FHA. It is a .6 acre piece of land with three separate homes on it. It is listed as a triplex a...
Aaron Fakerson
FHA question about eligibility
I am a new investor. I don't currently own a home in my name, and I am hoping to do a FHA loan for a fourplex down the line. Long story but I am building my credit to be able to get a loan (starting with no credit s...
Waylon Themer
Conventional loan eligibility matrix
I just thought this quick reference guide would be helpful for everyone because it has been very helpful for me. I'm not a conventional lender so it is very hard for me to keep up with the requirements. Please note ...
Nate Copes
FHA Eligible if Relocated
Hello everyone,
I was relocated for my job to the Cleveland, OH area about 6 months ago for my job. When I moved here, I closed on an SFR on a 30 yr fixed conventional mortgage which I have been living in. Now I am f...
Varun Talluri
Eligibility for FHA Loan
Am I eligible for a FHA loan if I am on a work visa and not a US Citizen? Most websites I searched says you will need to be a US Citizen, Permanent resident or eligibility to work in the US. I was wondering what types...
Daniel Patton
FHA Loan Eligibility/Requirements
Hello, I've read about using an FHA loan to purchase my first multiplex investment property in which I would rent out one of the units and live in the other. My questions are:1. Can you use an FHA loan and have the ow...
Matt Pine
Question on FHA Eligibility
My understanding is that an FHA loan is really only available for "First Time" homebuyers. But I'm hoping the BP comm can provide some clarity for me on the possible situation below:
If we purchase an investment pr...
Dylan Baxter
Loan eligibility for veterans
Hello all,
I have been an avid listener of BP for a little over a year now and feel like I am ready to jump in and get involved with Real Estate investing. Currently, I am active duty in the military and looking t...
Kyle Brown
Finding FHA Eligible Properties
I am looking for my first property (preferably a duplex) and I have noticed it is tough finding properties that allow FHA financing in my price range. I am just starting out so my budget is in the $80-$115k range at ...
Chantay Jordan
PPP Loan and FHA Eligibility
Has anyone experienced or heard of anyone having issues being approved for a FHA Loan after receiving a legitimate PPP loan?