Owner Occupied 4 Unit Apartment Complex - Financing?? Help!
Hi everyone,
I have found a 4 unit apartment complex that is in a desirable neighborhood and passes th 50% and 2% rule. My question: Can I finance this using FHA (3.5% DP) and get a 30 year fixed interest rate? I know this is plausible with 4 unit multi family houses, but does it apply to 4 unit apartment complexes? I appreciate the help!