FHA increases multi unit limits for 2021!

[Henry Lazerow]

New limits. These go in affect after Jan 1. The biggest change is to 4 units which are my personal favorite type of building for cashflow and house hacking. The self sufficiency test still applies to 3/4 units but many 4 units can pass easily in Chicago. The self sufficiency test is not applicable to 1 or 2 unit buildings. 

1 unit was $368,000 now $379,500

2 unit was $471,100 now $485,800

3 unit was $569,450 now $587,250

4 unit was $707,700 now $729,800