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Updated about 4 years ago,
FHA Mulit-Family Lending in Los Angeles
Hey Guys,
I was looking for a lender in LA who specializes or has a lot of experience with FHA lending. I'm looking into owner occupied multi-families in the LA area and wanted to get some financing lined up.
I have a potential deal that I'm looking into and I wanting to find out more info on FHA lending for a owner occupied a multi-family 4 unit building in LA. I was looking into buying a property owner direct and using FHA financing but it is over the limit for FHA. I wanted to use FHA to cover the majority of the purchase with low money down then making up the difference of price with cash and some owner financing.
Let me know what you guys think. As always any feedback is much appreciated.