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Updated over 8 years ago on . Most recent reply

User Stats

20
Posts
17
Votes
Melanie Tribble
  • Owasso, OK
17
Votes |
20
Posts

If traditional mortgage first, could I then do FHA for 2nd proper

Melanie Tribble
  • Owasso, OK
Posted

Hi, 

I'm confused on some financing options. My husband and I right now live in an apartment complex but our lease is not up until March 2018. When its ready for us to move out, we would like to house hack and buy a multifamily with an FHA loan. In the meantime though, we would like to buy some SFH with a traditional 20% down mortgage loan.

Does anyone know if you use a traditional mortgage loan for the first property, could you then get an FHA loan for the second property?

Thanks in advance!

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