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Updated almost 8 years ago on . Most recent reply
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FHA Financing Vacant 4-plex in Lansing MI
Hello,
I am looking to buy my first property using an FHA loan. I have a 4-unit in mind in the Lansing MI area and it is fully vacant. A few questions:
Can anyone recommend a lender that can count 75% of the future rent (Does FHA still allow this?)
If so, how do I get a rental appraisal done for the property?
Are there any additional requirements for this?
Thank you in advance!
-Kyle