Updated over 6 years ago on . Most recent reply
Question on FHA Eligibility
My understanding is that an FHA loan is really only available for "First Time" homebuyers. But I'm hoping the BP comm can provide some clarity for me on the possible situation below:
If we purchase an investment property with cash or a standard mortgage, and never live in it, would we still be eligible for an FHA loan on a difference property in the future?