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Updated about 4 years ago,
FHA financing and rehab properties
I'm looking to do some sort of rehab on my first MF to increase rents and/or lower operating costs. I am planning on using owner occupied FHA financing. In talks with the lender, they said that rehab properties do not work with FHA.
My question for the community is around how to execute on my rehab strategy while also getting preferential owner occupied financing terms. (I.e. low down payment, low interest rates, and so on...)