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Updated over 7 years ago on . Most recent reply

Daryl Martin's profile image
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Daryl Martin
  • from rahway, New Jersey
  • Member since Jan 7, 2018
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Daryl Martin's profile image
Daryl Martin's profile image
Daryl Martin
  • from rahway, New Jersey
  • Member since Jan 7, 2018
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Daryl Martin
  • rahway, New Jersey
5
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12
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Multi-Family and Apartment Investing

Looking to buy a Multi-Family! FHA or 203k?

Daryl Martin
  • rahway, New Jersey
Posted

Hi everyone!

I'm a newbie to Real Estate investing and seeking advice. I'm looking to purchase a duplex or another type of multi-family home, not sure if I should us a FHA loan or a 203k. I would also like to know if any of these loans work for foreclosures? Any suggestions?

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Clint Harris's profile image
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Clint Harris
  • Investor
  • from Carolina Beach, NC
  • Member since Jan 9, 2018
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Clint Harris
  • Investor
  • from Carolina Beach, NC
  • Member since Jan 9, 2018
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Clint Harris
  • Investor
  • Carolina Beach, NC
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Clint Harris
  • Investor
  • Carolina Beach, NC
Replied

Yes, you can use a 203K FHA loan for foreclosures, or any house requiring rehab

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