Updated over 6 years ago on . Most recent reply
FHA advice 3-plex to 4-plex
I am looking at 3 and 4 plex properties to house hack and most seem to already be filled with tenants. I ran into a 3-plex with long term tenants with a single large garage that is not being used that i want to turn into a 4th unit. I will be getting an FHA loan but will i be allowed to buy the property and create the 4th unit to live in or can i not do this with an FHA loan. I have the Cash to buy with a conventional loan as an investment property but would rather hold onto it if i can or if there is another way i can do this i am open to any advice.