Multi-Family and Apartment Investing

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Malcolm Ritell
  • Houston, TX
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FHA FOR 17-38 APT UNITS POSSIBLE?

Malcolm Ritell
  • Houston, TX
Posted Jul 20 2019, 17:42

I'm looking to make my first purchase. But lack the funds to use FHA 3.5% DOWN. Does that goes for apartment units or just houses ? And how do I obtain the amount without using any of my money to do so; if applicable?

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Frank Procopio
  • Real Estate Broker
  • Syracuse, NY
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Frank Procopio
  • Real Estate Broker
  • Syracuse, NY
Replied Jul 20 2019, 21:58

Has to be 4 units or less and you have to reside in the property for an FHA