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Updated over 8 years ago on . Most recent reply

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13
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2
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Douglas Armendarez
  • Real Estate Agent
  • Temecula, CA
2
Votes |
13
Posts

Co-owners on a Multifamily w/an FHA Loan

Douglas Armendarez
  • Real Estate Agent
  • Temecula, CA
Posted

I was reading you can't have a co-signer on an FHA loan on a multifamily property, but I'm wondering if you can team up with another family...on a triplex for example, and pool together to buy the property with an FHA loan. If both families live in different units in the property, and rent out the other units. Does anyone know--would FHA allow this? I couldn't find an answer with a Google search.

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