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Updated about 3 years ago on . Most recent reply

Ethan L Smith's profile image
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Ethan L Smith
  • Member since Feb 6, 2021
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Ethan L Smith's profile image
Ethan L Smith's profile image
Ethan L Smith
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Private Lending & Conventional Mortgage Advice

Conventional + FHA Loan on Two Separate Homes

Ethan L Smith
Posted

I am in the process of closing on my first multifamily property and I used an FHA loan. Is it possible for me to buy a single family property in another location using an owner occupied conventional loan, while I still have an FHA loan on the other property? Or would I have to classify this single family as an investment?

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