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Private Lending & Conventional Mortgage Advice

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Christian Allen
  • Investor
  • Providence, RI
65
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77
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How quickly can you get another FHA loan?

Christian Allen
  • Investor
  • Providence, RI
Posted May 8 2017, 07:47

I used an FHA loan for my first triplex to househack and after a year would like to use an FHA loan to househack another triplex. My mortgage broker told me I would have issues with this because the underwriter would see that I moved so quickly from one multifamily property to the next and question the reasoning for moving.

Has anyone had success in using an FHA loan within ~1 year after originating the first? Any other strategies for using a second owner occupied low down payment loan for a multifamily househack?

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