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Updated about 6 years ago on . Most recent reply

User Stats

170
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46
Votes
James Cash
  • Real Estate Broker
  • Anchorage, AK
46
Votes |
170
Posts

FHA Fourplex Financing - Never Occupied?

James Cash
  • Real Estate Broker
  • Anchorage, AK
Posted

Hey all, quick question!


Lenders and Agents, have you ever had a client who purchased a fourplex or multi-family property, that didn't owner occupy, for legitimate reasons, hypothetically, and have issues down the road?


Doing another purchase not quite 2 years later and the lender things it will be an issue during a manual underwriter to flag them. Any experience on this?

Tags: FHA, multi-family, owner occupied FHA, fourplex, duplex

  • James Cash
  • Loading replies...