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 almost 9 years ago,
Can I use an FHA on a mult-fam property?
If this is a dumb idea, please call me out on it. My wife and I are thinking about making our first home a multi family home (duplex to fourplex range), and I'm wondering what the best financing option would be. In my area these properties start off at 200k. We don't have 20% to put down, I'm not interested in borrowing money from relatives, and I don't like the sound of zero down deals just yet. Could I do something like an FHA since this is our first house even though it would be a multi? Are there any other low % down payment financing options out there?
Any advice or experience would be really appreciated. Thanks!