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Updated over 9 years ago,
First time investor needs help understanding a FHA Loan
I recently read an article on BiggerPockets about buying multifamily homes, and obtaining an FHA Loan to help pay for it. Immediately following that, I did some research on multifamily homes in my area along with my states FHA Loans. I found a group of nine apartments on a nine acre lot. They need work, but overall I think would be a nice investment. My question is, would a FHA Loan cover a group of apartments? Or is there another type of Loan I could get for that. Thanks ahead of time for the help.