Updated almost 8 years ago on . Most recent reply
FHA Loans on Multifamily
My little brother and I are looking into investing in a multifamily unit. I currently have an FHA loan in my name for my primary residence. However, he does not. My question, can you get an FHA loan on a property that is not your primary residence?
Most Popular Reply
No you cannot. The whole purpose of FHA is for primary residence properties. You can however use an FHA loan to purchase up to a 4 unit property if you live in one of the units.