FHA Construction for a house hack?
I have a few questions that I figured would be answered relatively quickly here.
I understand the basics of an FHA loan, 3.5% down, must live in one of the units, must live there for at least a year, etc.
My question is, if I can’t find a fourplex for a decent price, would it be viable, or even permitted to construct a building under those terms?
Thank you
Richard M