All Forum Posts by: Leah Miller

@Anthony Swain @Brandon Croucier  Found a Five unit in my price range and the numbers work which is really hard to find in the area. It being a five unit puts it out of range though.

Being a novice, I have the following question. In order for me to be able to move in I would have to combine two units to be able fit my family. It would therefore for all intensive purposes be a 4 unit. Would that be wnough for it to be considered a 4 unit and be eligible for the FHA or Fannie Mae?

Thanks in Advance

@Anthony Swain Thank you.

One more question, can you use the 5% for 5 units+ or is it subject to the same 1-4 limit?

Living in Los Angeles, looking to start house hacking and putting the high rent toward building equity. Can someone help me with the basics of the difference of the 3.5% vs. 5% loans?

Thanks in advance!

Living in Los Angeles, looking to start house hacking and putting the high rent toward building equity. Can someone help me with the basics of the difference of the 3.5% vs. 5% loans?

Looking for the general differences, but one specific question as well, would the 5% work for a 5 unit or also only for 1-4 unit?

Thanks in advance!