All Forum Posts by: Eric Heinen
Eric Heinen has started 1 posts and replied 33 times.
Post: USDA then FHA Financing?
- Fargo, ND
- Posts 35
- Votes 15
Originally posted by @David Wicks:
Hello everybody. So, I purchased a my first home (house hacking by the room) with USDA financing in July of last year. I am coming up on 1 year of occupancy and I want to use favorable financing to purchase a multifamily househack next (preferably a duplex, or triplex) My question is can I qualify for FHA owner occupied financing on my next purchase. I know there are rules surrounding having more than one FHA loan, but what about when you have USDA financing? Is it permitted? I look forward to hearing from you guys. Thanks
So you're able to rent out the rooms if you have a USDA loan on a property?
Post: Using a USDA loan for a house hack
- Fargo, ND
- Posts 35
- Votes 15
Great question! Hopefully someone has answers.
Post: Overseas Professional Baseball Player 1st Rental Purchase Advice!
- Fargo, ND
- Posts 35
- Votes 15
Post: 2021 North Dakota RE Market Forecast
- Fargo, ND
- Posts 35
- Votes 15
What is the Stanley area like up there?
Post: BiggerPockets Fantasy Baseball League?
- Fargo, ND
- Posts 35
- Votes 15
Anyone interested in playing in a Biggerpockets fantasy league?
Where are you looking currently?
Post: FHA Construction Loan for a Fourplex?
- Fargo, ND
- Posts 35
- Votes 15
I know FIG does ground up construction of fourplexes for investors, but I've never heard of anyone trying to owner occupy one of their builds with a minimal down payment. Might be worth looking into though.
Post: First BRRRR Deal Fargo ND
- Fargo, ND
- Posts 35
- Votes 15
What bank did you use for the refinance?
Post: What to do with the eye-wateringly ugly fireplace?
- Fargo, ND
- Posts 35
- Votes 15
How much does it cost to rip out a fireplace?
Post: What do you think of the forum categories?
- Fargo, ND
- Posts 35
- Votes 15
I prefer the type of forum layout where all the main categories are all on one page.
And upon clicking on a main category it opens up to the discussion of that topic. KISS method.
