Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

5,659
Posts
1,832
Votes
Elizabeth Colegrove
  • Hanford, CA
1,832
Votes |
5,659
Posts

Does a 6plex qualify for FHA or Personal Property Financing?

Elizabeth Colegrove
  • Hanford, CA
Posted

My husband is up for orders and I am researching a potential area in Washington State. Our goal is to buy a multi-plex in the next location. One of the units I am interested in is a 6-plex. On the advertisement it said live in one unit and rent the others out. Which leads to my question. Can you buy a 6 plex under FHA or USDA financing and live in one unit and rent the other ones out?

Sorry for my silly question. I have bought 7 single family homes, 2 refinances and closing on 2 more houses but multi-plexes are new to me. Plus rules change so often, etc.

Loading replies...