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Brian Straight
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New Investor here...

Brian Straight
Posted Jan 16 2023, 13:58

I have 120k to invest and i have 2 properties that are a good possibility. 1-2 fam row for investment, and 2-a side by side duplex id house hack. Whats the best route for securing both properties.... FHA, Conventional...LLC etc it looks like they will both happen almost simultaneously.

Thank you

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Anthony L Amos Jr
  • Real Estate Agent
  • Columbus, OH
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Anthony L Amos Jr
  • Real Estate Agent
  • Columbus, OH
Replied Jan 16 2023, 16:06
Quote from @Brian Straight:

I have 120k to invest and i have 2 properties that are a good possibility. 1-2 fam row for investment, and 2-a side by side duplex id house hack. Whats the best route for securing both properties.... FHA, Conventional...LLC etc it looks like they will both happen almost simultaneously.

Thank you


You can only have one FHA at a time and it has to be your primary residence. Use that to househack and if you have 20-25% down and still meet the lenders debt to income ratio you can use a conventional for the other property