Skip to content
Mortgage Brokers & Lenders

User Stats

7
Posts
4
Votes
Matthew Berry
  • Rental Property Investor
  • Chandler, TX
4
Votes |
7
Posts

FHA Multifamily Loan?

Matthew Berry
  • Rental Property Investor
  • Chandler, TX
Posted Sep 25 2018, 13:15

I have a great relation with my bank. I have a 24 unit complex and a 10 unit complex financed thru them. The only issue is that it is a 20 year am, plus its not a fixed rate. Considering going FHA Multifamily loan to get a 30 year am and fixed interest rate. It would help my cash flow quite a bit. Wondering if anyone has had any dealings with FHA multifamily? What are your thoughts? Its not a real common offering so it seems a little hard to find info on it. Thanks!

Loading replies...