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I have build a two unit condo and would like to get it FHA approved. Do I have to have one unit sold first?

by jajcrossman2 from Leominster, Massachusetts. Aug 26th 2014 Reply


Sean Pashoian (SeanPashoian)
#40 ranked lender in Massachusetts - 22 contributions

No - you will see 49% max investor ownership but FHA is ok with 2 unit property with one being sold and the other being owned as 'investment'. I am in central MA and can aid you in getting it FHA approved. Please feel free to reach out and I can send some general guidelines, etc. I can also work with FHA from our side to help you get it approved.

Aug 27th 2014
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