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Updated over 7 years ago on . Most recent reply

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7
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0
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John C.
  • Cleveland, OH
0
Votes |
7
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Using FHA to Buy Commercial RE

John C.
  • Cleveland, OH
Posted

I've been saving up for a down payment for a place to live, as well as something to invest in. I know with under 4 units you can use an FHA loan because it is considered residential. I could live in one, rent the others. My question is how much can you push the FHA loan? Ideally I'd like more units for a larger NOI & more protection from vacancy. I Couldn't find a solid answer I fully understood so was wondering if anyone here knew. Thanks!

Most Popular Reply

User Stats

175
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51
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Adam M.
  • Lawrence, KS
51
Votes |
175
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Adam M.
  • Lawrence, KS
Replied

@John C. What do you mean by "push" the loan? They won't loan you for anything more than 4 units. That is a hard limit.

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