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Updated over 4 years ago, 05/06/2020

Martin Phillips's profile image
Martin Phillips's profile image
Martin Phillips
  • Member since Apr 22, 2020
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Martin Phillips's profile image
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Martin Phillips
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Martin Phillips
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Multi-Family and Apartment Investing

FHA Rules about adding more units?

Martin Phillips
Posted

If I purchased a $1,400,00 quadruplex in California or New York with FHA loan, then got permits to add 5 more units do I need to refinance to a Commercial loan? What are the chances they will catch me I was told I could get in trouble for doing this.

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