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Updated over 1 year ago,
Meter Requirements for FHA Duplex?
I'm under contract for a duplex that is everything I'm looking for, but my real estate agent and I are somehow just realizing it only has 1 electric/water/gas meter for the two units.
My real estate agent is firmly under the impression that FHA 3-4 unit multi-families require separate metering (I'm also unable to confirm on this front) but she is unsure about duplexes.
Is separate metering a legal requirement to purchase a duplex with an FHA loan? Anything you guys can do to provide some insight or point me in the right direction would be greatly appreciated!
Thanks,
Keith