Updated over 10 years ago on . Most recent reply
"No Idea What I'm Doing" in Dallas, TX
hey y'all!
my husband and i are considering getting into real estate -- we're most interested in buying and holding a multifamily property (living in half for a while), and i'm starting to read up on mobile home investing as well.
we're relatively young (with little kids), and have no experience in this. part of me thinks this is crazy, but i just can't stop researching it!
glad to be here!
Most Popular Reply
Hey welcome to the forum! You can get an FHA loan for a multi-unit house, up to 4 units, for around 3.5% down. You'll have to live in the property for at least 1 year. You can check out the loan limits FHA has in your area, I believe it varies state to state.