Updated over 4 years ago on . Most recent reply
Conventional and then doing a FHA?
Hi everyone, got a nice deal under contract right now (duplex, section 8, no vacancy) and was looking to finance it with a conventional loan.
I was then advised by my accountant/realtor to hold off on financing this property at all and buying it cash, since it will make it impossible for me to get an FHA loan on the 4 unit in my pipeline that I will close on this year. Is this true?
Would really appreciate any advice!