Real estate blog entries tagged with fourunit by Jeff Onofrio (AnnieMac Home Mortgage )

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Home : Blogs : Jeff Onofrio : Jeff Onofrio- FHA 203K Renovation Mortgage Expert : Tag "fourunit"

fourunit: FHA 203k Mortgages & Multi-Unit Family Properties - 01/18/12 12:32 PM

Another Great Use! Buying and rehabbing a multi-family unit property can be done using the FHA 203k loan. I’ve done a few of these loans and they are absolutely great! I’m currently doing one right now -- it’s a four-unit property and it's a big job. The FHA 203k loan limits, which you can check out here, are much higher as the units go up. So, the total rehab cost for this four-unit property is over $600,000. It’s an enormous project and it's one of the really cool things the FHA 203k allows you to do. In this situation, this customer is going to live in one … (4 comments)

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Jeff Onofrio

Mount Laurel Township, NJ

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AnnieMac Home Mortgage

Address: 700 East Gate Drive, 4th Floor, Mt. Laurel, NJ, 08054

Office Phone: (856) 505-6717

Cell Phone: (609) 217-9409

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My blog is here to provide information regarding FHA and FHA 203K loans for both purchase and refinance. Updates, tips and advice regarding these loans and the industry is what you will find on this blog!

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