(Topic ID: 257412)

Any landlords here? Please post tips and stories

By JohnnyPinball007

4 years ago


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Topic poll

“Rental property, yes, no, or thinking about it?”

  • Hell no, I do not want the hassles 35 votes
    25%
  • I love my rental properties 48 votes
    34%
  • I have been thinking about doing that 28 votes
    20%
  • I used to and called it quits 31 votes
    22%

(Multiple choice - 142 votes by 141 Pinsiders)

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#217 3 years ago

Question I can’t find an answer to online. Does anyone know this from experience.

Most resources I can find online say that FHA doesn’t apply for single family homes if you don’t use a broker and don’t own more than three. My question is does that three include your own private residence? Or is it three investment properties?

Background: currently own one single family rental home. I am decently familiar with laws because that house is metro approved for section 8. I obviously don’t plan to discriminate, but when I read that it just made me wonder about if my own home would be included in that three count.

Thanks, Kevin

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