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CAN I GET AN FHA LOAN ON AN INVESTMENT PROPRTY?

  • January 04 2011 - US
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Answers (4)

203 K loans are better for an investment that needs work, however, FHA loans are for primary residence.
  • January 04 2011
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FHA does not offer financing for investment properties,  Unless you acquired the propery as a primary residence prior and are going to "streamline" your interest rate and or term. 
  • January 04 2011
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  • January 04 2011
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On a purchase transaction, it can only be used to purchase an owner-occupied property.  It does allow you to purchase multi-unit (2-4 units) property, which you can live in one unit and rent out the others.
  • January 04 2011
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