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House Hacking

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Michael Pienkowski
  • Chicago
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6
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Assumable Mortgage Chicago Multifamily

Michael Pienkowski
  • Chicago
Posted Mar 1 2024, 12:40

Hello All,
I'm on my second house hack in Chicago. My first was a 2 unit with an FHA and my second was a 4 unit with my VA. I have no entitlement left on my VA.

I was a bit interested in Assumable a loan for a property and know about most of the details, as well as bringing extra money to the table, I just wasn't sure if I would be able to assume an FHA or VA loan if I already have both and the VA entitlement was already maxed out.

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