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Updated almost 6 years ago on . Most recent reply

Justin Turner's profile image
Justin Turner's profile image
Justin Turner
  • Investor
  • from Texarkana, TX
  • Member since Nov 13, 2013

User Stats

53
Posts
7
Votes
Justin Turner's profile image
Justin Turner's profile image
Justin Turner
  • Investor
  • from Texarkana, TX
  • Member since Nov 13, 2013
Justin Turner
  • Investor
  • Texarkana, TX
7
Votes |
53
Posts
Buying & Selling Real Estate

Buying a duplex a year...house hacking question.

Justin Turner
  • Investor
  • Texarkana, TX
Posted
Is it as easy as it sounds? Use FHA loan 3.5% down to buy first duplex. Live in one side then after a year. Repeat. Etc etc... What am I missing guys. Thanks.
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Hannah Krebs's profile image
Hannah Krebs's profile image
Hannah Krebs
  • Flipper/Rehabber
  • from Saint Paul, MN
  • Member since May 5, 2018
  • Posts 85
  • Votes 65
  • Experience 9 Yrs
  • Investments 4

User Stats

85
Posts
65
Votes
Hannah Krebs's profile image
Hannah Krebs's profile image
Hannah Krebs
  • Flipper/Rehabber
  • from Saint Paul, MN
  • Member since May 5, 2018
  • Posts 85
  • Votes 65
  • Experience 9 Yrs
  • Investments 4
Hannah Krebs
  • Flipper/Rehabber
  • Saint Paul, MN
65
Votes |
85
Posts
Hannah Krebs
  • Flipper/Rehabber
  • Saint Paul, MN
Replied
I think you may only be able to have one FHA loan at a time, you may need to refi. Solid plan otherwise!
1 Vote
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