First Property Purchase
I am wondering if anyone can help me out? I am a first time buyer and am wondering if the loans available for me that require 0-3% down would be available in the same form if I bought a 4-plex and lived in it as my primary residence instead of trying to qualify for the same loan and buy just a house or condo. Does anyone have any idea how this is handled?
Thanks
First time investor looking to stop renting.
Yeah, should be. I used to be a loan officer. I am healing now.
Contact a couple different loan officers in your area and ask them about programs. These programs are typically only available on owner occupied properties. FHA has many options and I think you can get up to 4 units, but you do have to be owner-occupied.
Good Luck.
Thanks! Ill look into it.