How can you use the FHA loan to help you afford an investment property? Today, I’d like to explain. Last time, I brought you some tips on how to locate great investment properties. But now that you know how to find these properties, you may be wondering, “How can I afford the down payment? There are actually several great options out there. The solution I’d like to tell you about today is the FHA loan. With this loan type, you can utilize an equity sharing agreement. I’ve personally done this with friends, family, and even colleagues. The loan limit for a four-unit property with an FHA loan is $1,307,175. For a duplex, the limit is $679,650. The FHA loan can make it much easier to afford investment properties. The down payment for an FHA loan would be $45,750 for a four-unit property and $23,787 for a duplex. As you can see, the FHA loan can make it much easier to afford investment properties. However, the property does have to be owner-occupied for a certain amount of time in order to qualify for the loan. This only applies to one co-borrower, though. You can be a non-occupant co-borrower by using an equity sharing agreement. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.