If I Invest in a CRE Deal, Can I still get an FHA loan?
I am considering entering an LP position on a multifamily deal in North Carolina at the same time I want to get an FHA loan to buy a 3-4 unit building elsewhere (I have never owned any residential real estate). 

Does anyone know if investing in the CRE/MF deal will exclude me from obtaining FHA financing?
[{"id": "i0nafk1", "text": "ask your FHA lender... they should know better than anyone on Reddit", "replies": [], "depth": 1}, {"id": "i0ncpim", "text": "Yes I am a FHA direct lender for CRE nationwide. I would love to help you out.", "replies": [], "depth": 1}, {"id": "i0nkwqp", "text": "Yes but only if you have enough cash for the LP and the down payment. Also check if it will impact your DTI. If it does, do the FHA first.", "replies": [], "depth": 1}, {"id": "i0nsqs3", "text": "Only with showing your FHA lender post closing liquid reserves. If you have plenty of cash reserves after factoring the LP investment, you'll be fine, although it might look better waiting on the LP investment (if the timing is right) and showing a fat bank statement to your FHA lender.", "replies": [], "depth": 1}, {"id": "i0qyjrv", "text": "The real question is can they close the deal they make jumps through hoops then let you down at the end for bs. In this sellers market going to be hard to get a seller to take you seriously with fha loan.", "replies": [], "depth": 1}]