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All Forum Posts by: Brian Delarmente

Brian Delarmente has started 1 posts and replied 2 times.

General Real Estate Investing

Post: FHA advice 3-plex to 4-plex

Brian DelarmentePosted
  • Posts 2
  • Votes 1

I am pretty sure i am good with zoning its an R3 on over 11,000sqft. I'll speak more with my lender and see what they can do.

1 Vote
General Real Estate Investing

Post: FHA advice 3-plex to 4-plex

Brian DelarmentePosted
  • Posts 2
  • Votes 1

I am looking at 3 and 4 plex properties to house hack and most seem to already be filled with tenants. I ran into a 3-plex with long term tenants with a single large garage that is not being used that i want to turn into a 4th unit. I will be getting an FHA loan but will i be allowed to buy the property and create the 4th unit to live in or can i not do this with an FHA loan. I have the Cash to buy with a conventional loan as an investment property but would rather hold onto it if i can or if there is another way i can do this i am open to any advice.

0 Votes