Situation: Currently have FHA mortgage, and have been in it for 3 yrs and have occupied property as a primary residence.
Objective: Want to sell my house, and owner finance it. I want to keep paying my FHA loan (it’s at 6%) so I could charge a slightly higher rate to the buyer.
Questions: Can this be done? Is it legal? Has anyone else done it? Thoughts? (I am in Texas)