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Updated over 4 years ago on . Most recent reply

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29
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Cristobal Fernandez
5
Votes |
29
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Can you BRRRR an FHA loan with the house hacking method

Posted

Hi to all I’m new to bp and looking for some answers hope y’all help. Could you brrrr your personal residence if you purchased it with a fha loan after you let it season for one year. Could you Take another fha loan out and house hack and repeat the process right after 

Most Popular Reply

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234
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103
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Matthew Brill
  • Investor
  • Boca Raton, FL
103
Votes |
234
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Matthew Brill
  • Investor
  • Boca Raton, FL
Replied
Originally posted by @Cristobal Fernandez:

Hi to all I’m new to bp and looking for some answers hope y’all help. Could you brrrr your personal residence if you purchased it with a fha loan after you let it season for one year. Could you Take another fha loan out and house hack and repeat the process right after 

That's the ultimate goal! Refinance into a conventional loan and get the FHA to use again. But realize when you refinance, if you get another owner occupant loan you will be signing that you intend to live there for 1 year.

  • Matthew Brill
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