Buying A 4 Plex With Fha May 2026
FHA requires 3 months of cash reserves for 3-4 unit deals.
The home must meet strict safety and habitability standards. Property Management: Prepare to be a landlord on day one. 💡 Pro-Tips for Success buying a 4 plex with fha
This is the "make or break" rule for 3 and 4-unit properties. ⚠️ The Self-Sufficiency Test FHA requires 3 months of cash reserves for 3-4 unit deals
For 3-4 unit properties, the FHA requires the property to pay for itself. buying a 4 plex with fha
75% of the total estimated gross rent must exceed the full monthly mortgage payment (PITI).
Factor in the 1.75% Mortgage Insurance Premium.
In high-priced markets, many 4-plexes fail this test. 🛠️ Step-by-Step Process