That’s correct! Actually, it has always been available.
If you ask most lenders if it’s possible to write FHA investor deals, they will without hesitation say NO!
FHA is not just owner occupied. Investors can purchase single family properties with 25% down and 15% down for two to four unit properties.
This program is however very property specific. It must be a HUD property that is insured. That includes “insured and insured with escrow”. It disqualifies investors from buying HUD properties that are “uninsured”
Since conventional investor financing has become basically un-functional, FHA is another way to finance a one to four unit investment property.
For more information, and to set up a phone interview, contact me at 708-415-8156 or email me at ron_parello@yahoo.com
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