FHA Duplex in closing / what’s next
1 Reply
Justin Reader
posted 4 months ago
My first property is a duplex./FHA loan. Moving forward I want to get into bigger an better mf. Tips on best way to finance with low down payments would be great.
Elise Marquette
Lender from Tampa, FL
replied 4 months ago
FHA is probably your best bet for a low down payment. Fannie Mae requires around 15-25% for a multi, depending on how many units it is and occupancy.