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Updated over 10 years ago on . Most recent reply

Jim Sestito's profile image
Jim Sestito's profile image
Jim Sestito
  • Investor
  • from Cambridge, MA
  • Member since Oct 26, 2013

User Stats

264
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104
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Jim Sestito's profile image
Jim Sestito's profile image
Jim Sestito
  • Investor
  • from Cambridge, MA
  • Member since Oct 26, 2013
Jim Sestito
  • Investor
  • Cambridge, MA
104
Votes |
264
Posts
Mortgage Brokers & Lenders

FHA LOAN // LEAD PAINT

Jim Sestito
  • Investor
  • Cambridge, MA
Posted

Hi Guys,

I am purchasing a 4-Plex in Massachusetts built in 1912.  This means the house most likely has lead based paint (on the inside- outside is vinyl).

Has anyone ever purchased a home with lead based paint while using an FHA loan?

Any guidance / stories would be great.

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Mike Hoefling's profile image
Mike Hoefling's profile image
Mike Hoefling
  • Rental Property Investor
  • from Worcester, MA
  • Member since May 27, 2013

User Stats

137
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36
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Mike Hoefling's profile image
Mike Hoefling's profile image
Mike Hoefling
  • Rental Property Investor
  • from Worcester, MA
  • Member since May 27, 2013
Mike Hoefling
  • Rental Property Investor
  • Worcester, MA
36
Votes |
137
Posts
Mike Hoefling
  • Rental Property Investor
  • Worcester, MA
Replied

Yes, I purchased a 4-plex in June of 2013 in Worcester, MA no issues with lead paint and I have since had 2 of the units tested confirming there is lead-based paint. I think FHA is more concerned with paint that is flaking off than the actual lead.

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