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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 2 times.

Hello, i been reading you post and i have a question..... so for my 1st home I wanted to buy an duplex then stay for about a year then use it as straight rental property..... how does if work regarding FHA loans? Then eventually I want to get my own home.... would I be able to get another FHA loan or will it most likely have to be an conventional loan...oh and I been hearing that these days you don't really need the whole 20-30% down on a traditional home loan..... any tips, ideas, help would be greatly appreciated...thanks!!

Post: First time home buyer as an real estate investment

Account ClosedPosted
  • Hermitage, TN
  • Posts 3
  • Votes 0

Hello, I was wanting for my 1st home I wanted to buy an duplex then stay for about a year then use it as straight rental property..... how does if work regarding FHA loans? Eventually, I'm going to want to buy and home of my own.....will I have to get an conventional loan? And is it true that you don't need the traditional 20% percent down these days? Any help, tips, and ideas are aprecciated.