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Joe Procopio
  • Real Estate Investor
  • Jersey City, NJ
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FHA Loan question for first time home buyer

Joe Procopio
  • Real Estate Investor
  • Jersey City, NJ
Posted Mar 11 2018, 09:11

Can you use a FHA loan after purchasing your first investment property? Or is a FHA loan only for your first time home purchase, regardless of whether or not the purchase is your investment property or primary residence?

For example, I live in NJ and would like to purchase my first rental property in South Carolina. If I choose to go with a traditional mortgage on this property, can I use a FHA loan down the road when I want to purchase my primary residence up here in NJ?

Any help would be much appreciated!

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