Conventional vs. FHA

[Luke Maas]

Pros and cons of FHA loans for rental investment properties? I see some people suggesting conventional and DCSR and others that suggest FHA.

[Carlos Valencia]

FHA pros - Great way to house hack and or buy a 2-4 unit with minimum down payment. Higher DTI ratio to qualify. lower rate.

Cons - It has to be primary for at least 12 months, Pay MIP (mortgage insurance premium)

Just run the numbers on all 3 scenarios to see which makes the most sense to you so you can feel confident with your decision. 

@Albert Bui @Matthew Kwan