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Only 3% down on a 5 unit? 

@Jason Leavitt do I get a 3% loan even if I'm doing FHA

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.

I don't see Mortgage Insurance listed anywhere, with an FHA loan MI will be a big expense.

No points on the loan? Or are you including that in closing costs? 

@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

Has the property been renovated already?

Originally posted by @Michael Fuller :

@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.