FHA Multi Family Purchase Questions

[Denny Le]

Hello BP,

I am hoping to purchase a multi family property (4-plex), with the information:

Price: $255,000.00

Down Payment: 10% or $25,000.00 with FHA

Loan Period: 30 years

Loan Rate: 3.75%

The questions I have are:

1. How long would I need to live in the property before I move into a different property? Is it based on the lender or is it based on the state?

2. How much is PMI (State of Washington)?

3. How much would my payments be?

4. Where could I find a lender that could help me finance this?

I have many other questions, but this is a start

Thanks for any help!