How To Buy And Manage Multifamily Property

Buying a small residential multifamily property first is likely your best strategy if you want to become a real estate investor. House hacking your first property, especially with an FHA loan, can yield benefits for years and cut decades from your investing timeline.

However, the strategy is not without risks. From finding financing to closing the deal to proper management, there’s a lot to learn when it comes to multifamily. That’s why we’ve put together your one-stop resource to learn everything there is to know about investing in an owner-occupied residential multifamily property, like a duplex, triplex, or fourplex. Start your real estate investing journey here.

Start Here

How To Get Owner-Occupied Multifamily Financing In 2024

Buying an owner-occupied multifamily property is a great investment, but most people don't do it due to fear. How to safely invest.
More About Multifamily Homebuying

Fannie Mae Rolls Out 5% Down Multifamily Home Loans

Fannie Mae introduced big down payment changes for 2-4 unit multifamily properties: 5% down.....

How To Buy a Duplex, Triplex, or Fourplex With an FHA Loan

You can use an FHA loan to buy a duplex, triplex or fourplex at 3.5% down. Live in one unit and qualify with rental....

FHA Self-Sufficiency Test Calculator For 3- and 4-Unit Properties 2024

This calculator will tell you if the property passes the FHA self sufficiency test if you're considering a 3- or 4-....

Multifamily Loan Calculator 2024: Single-Family vs Multifamily Payment

This calculator compares costs and monthly payments of buying a single family home vs multifamily home with FHA.....

FHA Rental Income Guidelines 2024 | Use Future Rent To Qualify

You can use future rent to qualify for FHA when buying a duplex, triplex, or fourplex. All about FHA rental income ....

FHA Multifamily Loan Limits for 2024 | How To Buy The Most Home

FHA multifamily loan limits can help you buy more home, giving you access to higher loan amounts compared to 1-unit....

Can You Buy a Multifamily Home When You Already Own a Single-Family?

Qualifying for a multifamily home when you already own a single-family home is tricky. Here's how to go about it.....

What Down Payment Do You Need For A Multifamily Property?

You need as little as 3.5% down for an owner-occupied multifamily (2-4 unit) property. Here are your down payment o....

How much money do I need to invest in multifamily property?

Buying a multifamily property might not cost as much upfront as you think. Strategies to keep your out-of-pocket co....

Can You Buy A Fully Occupied FHA Quadplex?

FHA says you need to move into a 2-4 unit property within 60 days of buying it. What do you do if it's fully occupi....

Top 10 Residential FHA Multifamily Lenders In The U.S.

When buying a 2-4 unit property with FHA, you don't want to choose any random lender. How to find one for your mult....

Multifamily With ADU: Using FHA To Buy

Considering a multifamily home with an ADU and want to use an FHA loan? The lender may have to call the ADU an addi....

FHA Unveils Surprising Homebuyer Assistance: ADU Rental Income

HUD, the overseer of FHA, just release new guidelines on using future ADU rental income to qualify for FHA loans.....

How To Get An FHA 203k Loan On A Multifamily Home

Multifamily 2-4 unit properties are eligible for FHA 203k loans. See how this program can help you buy and rehab th....

You Can’t Use A Co-Signer On An FHA Multifamily Loan. What To Do Instead

Alternative options when looking to use a co-signer on an FHA multifamily loan.....

What Are The Benefits of Investing In Multifamily Property?

Multifamily investing provides too many benefits to list for the right type of investor. Get to know your market to....

What Are The Risks of Investing In Multifamily Property?

Investing in multifamily property comes with huge benefits, but like any investment, it's not without its risks. He....

Reduced FHA MIP Will Help You Buy A 3-4 Unit Property

FHA just reduced its mortgage insurance premium (MIP), helping triplex and fourplex buyers pass a key eligibility t....

Can You Use FHA On A Property With 2 ADUs?

FHA won't finance a property with 2 accessory dwelling units (ADUs). Here's what to consider if you encounter such ....

Can You Use FHA 203k To Convert A Single-Family To Multifamily?

Buying a single family home and converting it to a 2-4 unit is a fantastic investment strategy, and FHA 203k allows....

FHA Reserve Requirements For 2-4 Unit Properties

FHA requires no reserves for 1-2 unit properties and 3 months reserves for 3-4 unit properties. Find out more about....

Business Owner? Buy a Mixed-Use Building with FHA

You can finance a residential/commercial mixed-use building with just 3.5% down using FHA. See if you qualify.....