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Updated almost 7 years ago on . Most recent reply

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John Vandivier
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Can I occupy multiple units to obtain FHA financing?

John Vandivier
Posted

To make the question more clear: Can I buy a property with 5+ units and only lease out 3 of them in order to obtain an owner-occupied FHA loan?

For example, say I buy a 12 unit property. For simplicity, say they are all 2/1 units. So I keep 3 2/1 units and then I say the rest of it is a giant unit which I am occupying with 18 bedrooms and 9 bathrooms.

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