Can I rent out all my units using FHA after 1 year?

1 Reply

I was under the impression that when buying a duplex using an FHA loan, it needs to be owner occupied for atleast one year before you can rent each unit. But I just heard that with an FHA loan you can never rent out all units. Can somebody please clear this up for me? Also while using an FHA loan, can I immediately rent out one unit? Thank you!

@Phillip Repalone , why wouldn't you want to buy another Primary (again using an FHA-Approved Lender) after your requisite 12 months is up?

ie.  Why would you want to go back to renting?

ie.  Why aren't you thinking of scaling your buys each year you can?

ie. There is no need to "get around" the FHA Rules.

ie. Yes, you can only have one FHA low deposit Primary loan at a time, but, you don't want to put yourself in the position of never being able to apply for another one, if you want to rent out the total property ASAP. 

[ie. Done by Refinancing out of that FHA loan before applying for a new one].

Get what I mean?  Good luck...

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