House Hacking

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Fourplex Investing Using an FHA Loan

Posted Jul 25 2022, 16:40

Hey BP! I have a question for anyone who understands FHA loans. My wife and I are looking to use an FHA loan to purchase a fourplex somewhere in Salt Lake or Utah County, but fourplexes are a little out of our price range. So here's my question: can I partner up with someone to buy the fourplex and still use the FHA loan? If so, does that person also have to be a first time homebuyer?

Salt Lake City, Utah

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