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Updated almost 4 years ago on . Most recent reply

Klaycon Santos's profile image
Klaycon Santos's profile image
Klaycon Santos
  • Rental Property Investor
  • from Taunton, MA
  • Member since Jul 31, 2019
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Klaycon Santos's profile image
Klaycon Santos's profile image
Klaycon Santos
  • Rental Property Investor
  • from Taunton, MA
  • Member since Jul 31, 2019
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Klaycon Santos
  • Rental Property Investor
  • Taunton, MA
4
Votes |
33
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Can I refinance out of FHA and purchase a new rental?

Klaycon Santos
  • Rental Property Investor
  • Taunton, MA
Posted

Been living on my primary home for 2 years and it's 4 unit house and wanted to refinance out of FHA to conventional loan, once that happens can I get a new rental FHA house if I move in and put 10% down instead of 20%?

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Joe Jackson, Jr's profile image
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Joe Jackson, Jr
  • Rental Property Investor
  • from North West Indiana
  • Member since Jun 8, 2021
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Joe Jackson, Jr's profile image
Joe Jackson, Jr's profile image
Joe Jackson, Jr
  • Rental Property Investor
  • from North West Indiana
  • Member since Jun 8, 2021
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Joe Jackson, Jr
  • Rental Property Investor
  • North West Indiana
16
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20
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Joe Jackson, Jr
  • Rental Property Investor
  • North West Indiana
Replied

From my understanding you are correct. 

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