Using FHA loan in New York on multi-family house

Using FHA loan in New York on multi-family house

Brad HaughtonPro Member
New to Real Estate · Mount Vernon, NY · Member since 2020 · 83 posts · 6 votes

I have a question about FHA loan can I legally use FHA loan to buy a multi-family house in New York let's say for example a two-family or a four family house or three family unit house can I use that in New York only reason I'm asking there is a YouTuber who is doing house hacking in New York which he is showing the process since I don't see a lot of people actually showing the beginning process of house hacking showing their Journey but anyway in this case he said with the FHA loan you cannot get a forklift to the lender might not like that idea so he suggest just getting a two family unit any input on that if any Realtors or lenders are in the New York area that can elaborate on that. And oh yes, he is also a realtor, but he also talked to a lender who said that would not work.

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