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Updated over 4 years ago,
FHA Loan for Multi-Family
I’m young, I’m only 18 but I want to get started with investing into multi-families.
One of my main concerns is the loan, I don’t have any knowledge on loans. I have a few questions, so please if you know anything about these loans and the terms of them please reply.
- do you need a credit score ? If so what’s the typical range you recommend..
- Is this loan going to be the amount of the unit I choose? As like if I were to be buying it..
- what’s the recommended % I put down on the loan?
Thank you for your time.