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Updated almost 5 years ago on . Most recent reply

User Stats

12
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3
Votes
Michael Maloney
  • Rental Property Investor
  • Indianapolis, IN
3
Votes |
12
Posts

FHA Loan on Occupied Triplex

Michael Maloney
  • Rental Property Investor
  • Indianapolis, IN
Posted

I am looking to house hack a triplex. Problem is, I'm not approved for a loan of the amount that I need. How do I go about getting qualified for the loan I need, considering The other two units will be covering most of the mortgage. As a first time home buyer, do you guys recommend an FHA loan in this case for a low down payment option? also, since all three units our filled right now, would that mess with my ability to get an FHA loan? I appreciate the insight and would be happy to take the conversation off-line as well!

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