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Ansel Blanco
  • Miami, FL
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Financing a purchase with an FHA loan while currently in an FHA

Ansel Blanco
  • Miami, FL
Posted Jul 1 2017, 07:24

Looking for a strategy to purchase a triplex with a low money down FHA loan but currently in an FHA product in my primary residence.

Is this possible? My first thought is to move my home into a separate entity to clear my name of the FHA but the tax implications would be a nightmare, renting my own home to my self. Not to sure I want to do that.

Any ideas on strategy for low money down financing to get started while currently in a mortgage?

Thanks!

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