Owner-Occupied FHA 4-Plex
Investment Info:
Small multi-family (2-4 units) buy & hold investment in 29 Palms.
Purchase price: $318,000
Cash invested: $11,130
As a REALTOR, I helped a 22-year-old with an income of just over 45,000 a year purchase this 4-unit using FHA Financing. Closing costs were covered by the seller.