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Updated over 5 years ago on . Most recent reply

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Ansel Blanco
  • Miami, FL
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Want to get into rentals using my home but in an FHA loan

Ansel Blanco
  • Miami, FL
Posted

Hi!

I want to get into rentals using my home but in an FHA loan. I am planning to move from the property in 6-8 months.

1. Will I have to refi into a conventional loan?

2. What strategy is best for keeping the home as a rental and not letting it effect my future primary residence purchase? Will creating an entity and moving the property off of my name work in this case?

Need help with how to start but would like for it to be my current home. I bought at a good time (2013) and want to take full advantage of built up equity.

Thanks!

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