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Updated about 10 years ago on . Most recent reply
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FHA loan requirements.
Hello BP.
I've been exploring some lower cost options for property acquisition and the idea of an FHA loan came up. I am aware or the occupancy constraint and I'm ok with that but what I haven't been able to find an answer to is whether or not I'd qualify. I already have 3 conventional loans ( 2 portfolio 1 Fannie Freddie ) but they are all investment purpose properties and I don't actually have a primary residence. Could I convince the FHA to finance a quad plex for me?
Regards,
Cody Brinkman