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Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Ryan Keller
  • New to Real Estate
  • Los Angeles, CA
1
Votes |
9
Posts

Can you take out a loan for an owner/occupant loan for 5+ units?

Ryan Keller
  • New to Real Estate
  • Los Angeles, CA
Posted

I know you can get an FHA loan with 3.5% down on 2-4 unit MFHs but if you wanted to invest in an 8 unit property and occupy one of the units is there a way to get a loan for no or low money down if you were to occupy one of the units and the numbers for rent added up to show you could afford the place when it is fully rented?

Any advice would be great! Thanks in advance. 

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