For the most part, people who have FHA loans currently live in the property so banks consider it to be "owner occupied". But due to varying circumstances, many people who used to live in their home that is financed by an FHA loan have now moved out and currently have it as a rental.  Banks consider this to be an "investment property". Did you know that if your existing mortgage is FHA on your investment property, that it may qualify for an FHA streamlined refinance? An FHA streamline … [Read more...]