Using HUD Fannie or Freddie for multiple duplexes bought at once?

[Daniel Dietz]

Hello, 

I am looking to get some direction on the possibility of one of the loan programs geared at larger multifamily units such as HUD Fannie or Freddie but for say 10 duplexes all bought at once 'as a package' for say 1.5 million. They ARE on adjacent lots, but the zoning can NOT be changed to be 'one property'.

Is something like that every allowed? I did some googling but did not find this particular issue addressed.

What interests me is both the properties being valued on the financial performance and the longer loan terms with a fixed rate.

Thanks, Dan Dietz