FHA loans and the deal killing self sufficiency test

[Nash Mittelman]

I'm a real estate agent in the bay area and have found that three and four-unit buildings with FHA loans don't ever pencil out because of the "self-sufficiency test". I'm wondering if (and where) agents or investors have successfully utilized an FHA loan on a three and or four-unit building with only 3 1/2% down.

Looking to utilize an FHA loan in one of these areas. My partner works remotely, so I think we can convince an underwriter to give us an FHA loan as we meet the criteria! Looking for some value add! Thanks BP!