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Updated over 11 years ago on . Most recent reply

User Stats

45
Posts
5
Votes
Rich C.
  • Rental Property Investor
  • SC
5
Votes |
45
Posts

Financing for multiple detached units on one TMS #

Rich C.
  • Rental Property Investor
  • SC
Posted

Having trouble finding an answer on this. Has anyone ever used a conventional mortgage to purchase a property with two buildings under one TMS #?

Property in question currently has a duplex on it and I would like to build an additional detached duplex (total of 4 units) on it and refinance afterward with a 30 yr fixed. I know Fannie allows for 4 units, but I am receiving unclear answers when the units are detached.

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