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Updated over 7 years ago on . Most recent reply

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Hugo Garcia
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18
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Multifamily investing questions

Hugo Garcia
Posted

Hi everyone,

So I have some questions regarding multi family investments to live rent free while acquiring a fourplex.

I've learned about the FHA loan, but it seems to have a lot of requirements in order for it to work, like working in an industry for 2 years+, etc.

I have a couple of questions regarding this whole subject:

1)  Is there a way to get around all of this just by proving that the investment can pay for itself?

2)  What is another way where an investor would be interested in being part of the deal even though I would be living in one of the fourplexes?

3)  If you get a 5+ property, can you still live in one of the apartments, raise private money and still make the deal profitable?

Thank you

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