As I understand it you could potentially do FHA for owner-occupied up to a 4-unit property. A five unit would be commercial and conventionally needs 25% down.
@Jason Leavitt I didn’t know that it was a limit to units for the fha loan @Ryan Avila ok how much do mortgage insurance usually cost @Ryan S. I added the points in the closing cost
@Jason Leavitt I didn’t know that it was a limit to units for the fha loan @Ryan Avila ok how much do mortgage insurance usually cost @Ryan S. I added the points in the closing cost
Michael, google FHA MIP, as well as FHA self-sufficiency test. You should easily find the info your looking for.