All Forum Posts by: Ansel Blanco

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!

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!