Buying A 4 | Plex With Fha

To qualify for a 4-unit FHA loan, you must meet specific criteria: You must live in one unit for 12 months. Credit Score: Typically 580+ for the 3.5% down payment. Debt-to-Income (DTI): Generally must be under 43%–50%.

Look for "value-add" units where you can raise rents. buying a 4 plex with fha

In high-priced markets, many 4-plexes fail this test. 🛠️ Step-by-Step Process To qualify for a 4-unit FHA loan, you