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Updated over 6 years ago,
FHA Multifamily Loan?
I have a great relation with my bank. I have a 24 unit complex and a 10 unit complex financed thru them. The only issue is that it is a 20 year am, plus its not a fixed rate. Considering going FHA Multifamily loan to get a 30 year am and fixed interest rate. It would help my cash flow quite a bit. Wondering if anyone has had any dealings with FHA multifamily? What are your thoughts? Its not a real common offering so it seems a little hard to find info on it. Thanks!