Multifamily Properties And FHA Loans

[Radley Estrada]

I've been looking into multifamily properties, and some of them accept FHA loans and some don't. I figured maybe it was due to the property's price. But interestingly enough, I saw a $400k duplex that takes FHA loans - and a $260k duplex that does not take FHA loans. My realtor states that the financing accepted is based on the property. Can someone explain how this works? Thanks in advance everyone!

[Jeffery Waicak]

I believe you have to have 4 or less units also.  And  as Chris M said, there are quirky little things, but honestly  my last  house I sold fha had 2 inspections because I held it less than  6 months.  Neither checked the furnace, one didn't even check the water.