FHA loan for a 4 unit property

1 Reply

Hello BP

General question...

what are some of the pros and cons of getting a FHA loan for a 4 unit property?

Not sure any cons with exception the value is based on appraisal and not how the asset performs. Pros are your interest rates are lower than a commercial mortgage, there are more people that can buy it on the back end and your down payment will be slightly less.

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