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Updated over 1 year ago, 08/07/2023
Assuming FHA multifamily mortgages.
HI Pockets community,
I was just reading that FHA mortgages are assumable with bank approval. I would love to do this with a a multifamily property in Los Angeles, CA. Is there anything that I need to look out for? Does the property still have to pass the viability requirement for 3 and 4 units. I'm just starting this journey so assume I know nothing.
Thanks for the help.
David