FHA Construction on a triplex or fourplex?
3 Replies
Dan Kelly
from Minneapolis, Minnesota
posted over 1 year ago
Hey BP'ers,
Has anyone used an FHA construction loan to build a triplex or fourplex? If so, any advice or recommendations on lenders
I'd love any input and/or recommendations you have.
Thanks in advance.
Aidan Mulligan
Rental Property Investor from Charlotte, NC
replied over 1 year ago
FHA doesn't do new construction. Your best bet would be to find a tri or fourplex that needs work, get an FHA 203k, then do a live and flip.