All Forum Posts by: Sharlene Perez
Sharlene Perez has started 1 posts and replied 1 times.
Post: City Certified: 4 unit property + 1 carriage house
Sharlene PerezPosted
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Hi there,
I'm trying to make my first property a multiunit using FHA (2-4 units). It has been really difficult in this crazy market. There's a property that is a city certified 5 unit. The main house is split into 4 units, and the fifth unit is a carriage house (on top of the garage). I was wondering if technically this is still a four unit, and FHA could be applicable. Not sure how ADUs are evaluated by the lenders.
Location: Mt. Clemens, MI (Metro-Detroit Area)
Thank you!