I’ve found a few triplex’s in my area that make for great house hacks. I just got off the phone with my lender, and he said that FHA loans are generally difficult to do for 3 and 4 units, because the other units renta...
This question is for all the lenders out there please let me know if this plan holds water. I'm a first time home buyer. My goal is to buy a small 3-4 unit multifamily property in Los Angeles by the end of the year. W...
Hello, I am 25 years old and currently living in NY. I am looking to get started investing in real estate, specifically owner occupied rental properties/house hacking. However, the challenge is that properties in NY a...
My lender emailed this out this morning. Seems like a great option for Chicago as the FHA self sufficiency rule all but eliminates Chicago priced 3/4 unit purchases. This loan will work same as Conventional terms mean...
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
Hi , I am looking at a fourplex that I plan on using my FHA loan on to house hack for my first property. The location of the fourplex is located on a dead end street with about 20 of identical fourplexs’ on both side...
Has anyone used an FHA loan for anything larger than a duplex in San Diego? I’m trying to find a multi family to house hack but I heard you are not allowed to used FHA for 3-4 units in San Diego, only duplex.Thanks!
I am new to real estate but looking to dive in deep. One of my business partners lives in Orange County and I will be moving in the next 2 months into an apartment, so Orange County is where I will have to be due to m...
I am a licensed realtor in DC and MD. Looking to purchase my first property (2-4) unit owner occupant property via FHA in Baltimore. I live in DC and know nothing about the Baltimore market. What areas are good to foc...
Hi everyone,
New to the forums and going through the lender approval process for a multifamily (aiming for a quadplex). This will be my second home purchase, but it'll be owner-occupied. I'm getting FHA interest rate...