Do I Qualify for FHA Financing if I Own Rental Properties?

2 Replies

Hello BP members!

Straight to the question... can one obtain FHA financing if that person owns a few rental properties? I am asking because I live in Los Angeles, I am planning to start investing in passive income-producing real estate, but I would like to be able to use an FHA loan down the road for my primary residence here in CA.

Any help... answers, comments, suggestions... will be highly appreciated.


Yes you can have an FHA loan even if you own rental properties. I owned 2 rental properties when I got my FHA loan. The rule is only one FHA loan at a time (with a few rare exceptions). It doesn't have anything to do with what else you own, assuming those rental properties are not FHA and it sounds like they aren't.