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All Forum Posts by: Jeff Elias

Jeff Elias has started 1 posts and replied 1 times.

New Member Introductions

Post: FHA requirements for multi family loans

Jeff EliasPosted
  • Hayward, CA
  • Posts 1
  • Votes 1

Hi all, 

 First just want to say hi to other bigger pockets members... i'm happy to be here.  I'm brand-new to the real estate investing game and just want to meet some new people in the business. 

At this point I have stellar credit and I'm looking to buy a multi family unit. I don't have a ton of money to put down so I'm looking at FHA loans. I'm wondering if there's a way to get around the requirement of living in the residence for a specific amount of time to get a conventional loan through FHA? Or is it a strict rule that must be followed?

1 Vote