FHA Multifamily Loan Guidelines 2023 : What You Need to Know
When it comes to buying a home some folks picture a cozy single family house on a peaceful street complete with a big backyard and space for two cars . But for those who have an eye for investment opportunities a multi family home is often the way to go . Luckily the FHA (Federal Housing Administration) has a program that allows buyers to snag a 2 – 4 unit property with a low down payment FHA loan . It’s a fantastic way to start building wealth fast and have your tenants help cover some of your housing expenses .
So who’s the perfect candidate for an FHA multifamily loan? Well the same folks who qualify for the FHA program when buying a single family home are eligible for this program too . If any of the following situations apply to you then keep reading because an FHA multifamily loan might just change your perspective on homeownership :
So who’s the perfect candidate for an FHA multifamily loan? Well the same folks who qualify for the FHA program when buying a single family home are eligible for this program too . If any of the following situations apply to you then keep reading because an FHA multifamily loan might just change your perspective on homeownership :
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