All Forum Posts by: Dennis Cuocci
Dennis Cuocci has started 2 posts and replied 11 times.
Post: Best strategies to secure large multi-family apartment buildings
Dennis CuocciPosted
- Investor
- Hoboken, NJ
- Posts 11
- Votes 1
Originally posted by @Edward A.:
You can go up to 4 units with an FHA loan. If there are tenants in place with active leases in any of the units (excluding the one you'd have to occupy), then a lender will count 75% of those rents towards your income when qualifying for a loan.
If you're talking properties above 4 units though, then it's a whole different ball game.
EDWARD......when you say "a whole other ball game" you mean "rent control/commercial real estate" correct?