Multi-Family and Apartment Investing

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Emanuel Ohunwu
  • Rental Property Investor
  • Dallas, TX
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Homestyle FHA Loan to purchase a 2nd rental property

Emanuel Ohunwu
  • Rental Property Investor
  • Dallas, TX
Posted Jul 22 2019, 21:00

So I'm working on buying my 1st investment property that's a townhouse. I found a duplex in Dallas that I'm also interested in purchasing using a FHA homestyle loan. Can I buy a 2nd property that I intend on occupying using a homestyle loan? The 1st property will be with a 30yr traditional mortgage. I'm waiting to hear from the mortgage company on whether I'll be able to put the 1st home under my LLC. Has any ever used a homestyle loan?

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