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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceFHA Loan To Fund 1st Flip
Ben Huisman's profile image
Ben Huisman's profile image
Ben Huisman
Pro Member
  • from Winfield, IL
  • Member since Mar 15, 2016
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Ben Huisman's profile image
Ben Huisman's profile image
Ben Huisman
Pro Member
  • from Winfield, IL
  • Member since Mar 15, 2016
Connect
Ben Huisman
Pro Member
  • Winfield, IL
4
Votes |
15
Posts
Private Lending & Conventional Mortgage Advice

FHA Loan To Fund 1st Flip

Ben Huisman
Pro Member
  • Winfield, IL
Posted Mar 28 2016, 19:00

I am in the Northwest suburbs of Chicago just starting my REI education and quest. I have a very basic question on getting financing for my first flip. I don't have enough money saved to purchase a house and fund the rehab. Is it possible to get a FHA loan to fund my first purchase? If so, is that a good idea?

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