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Updated over 2 years ago,
FHA Loan vs. Conventional Loan
Hope everyone is living their dream.
Regarding financing for a multifamily home, I would love to hear some recommendations from anyone. Would it make more sense to get an FHA loan at 3.5% down but have to pay PMI or to get a conventional loan with owner-occupied financing? Does anyone know the typical rate for owner-occupied financing for a conventional mortgage?
I appreciate anyone's contribution!
Ben Sulka, aspiring investor