FHA Programs in Ohio

[Clarence Harvey]

Hello! Can anyone point me towards FHA down payment assistance programs out in Ohio that will work with multi family properties? I am an out of state aspiring investor so any information would help!

[Clarence Harvey]

Quote from @Brittany Minocchi:

Hey Clarence! An FHA loan would require you to occupy the property for at least a year, so if you are not located in Ohio, that wouldn't be an option on a property here. I don't know of any DPA programs that don't require owner occupancy. On a multi-family, you'd need at least 25% down for a conventional loan, maybe less for something non-QM depending on the property/scenario. Feel free to connect if you'd like to discuss further.

 I know at least that much! I actually plan on moving out to Ohio ahead of time to get my start in real estate! Want to create something in the Midwest first!