Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
FHA on 4-unit Quadplex in Indiana
Are there any lenders that will do FHA loans on a 4-unit property in Indiana? We are in a situation where 10% down would be fine but the 20-25% required for these kind of deals would be too much of a stretch. The property is currently fully rented and I would be a live in landlord. The selling price is around $225,000.
My brother and I would be on the application..My score is not great but his score is top tier and our debt/income is low.