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Updated about 1 year ago on . Most recent reply

User Stats

69
Posts
33
Votes
Felicia Richardson
  • New to Real Estate
  • Atlanta
33
Votes |
69
Posts

Buying second Property After Duplex

Felicia Richardson
  • New to Real Estate
  • Atlanta
Posted

Hello! I need some lender insight. I bought a Duplex in August 2022. I reside on one side and I Airbnb the other. I'm outgrowing my side and I want to buy a Single Family Home.

Would I have to get a secondary home loan therefore having to put down 10-20%? Can I qualify as a First Time Home Buyer and utilize FHA or similar programs?

Thanks in advance!

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