Updated almost 10 years ago on . Most recent reply
Scenario question: 4Plex bought with FHA 3.5% DP next step
Hello,
About 8 months ago I purchased my first 4plex using an FHA 3.5% downpayment loan. I am eager to purchase my second 4plex with the same FHA 3.5% DP loan; however, to do so I need to refinance the first loan. I currently have about 5% equity in the property and don't have additional funds to purchase more equity, what are my options?