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Can I use the basic FHA 203B financing to buy investment property? : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

Can I use the basic FHA 203B financing to buy investment property?

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If by “investment property” you mean property where you do not live, the answer is “no.” However, you can buy two, three, and four-unit properties, live in one unit, and rent out the others.

See brokers and lenders for details — and alternatives.

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