Property types

2 to 4 unit property

A duplex, triplex or fourplex, either owner-occupied or as an investment.

Why it is hard

Rental income rules, reserve requirements and appraisal comps for small multifamily vary a lot between lenders.

What to ask a loan officer

How much of the projected rental income can count toward qualifying?
Can I buy this with FHA or VA if I live in one unit?
What reserves do you require for a 2 to 4 unit property?

Also called

duplex, triplex, fourplex, quadplex, 2-4 unit, 2 to 4 unit, multi-family, multifamily, two unit, three unit, four unit

Find a loan officer

Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=multi-family-2-4&state=FL or this specialty as JSON.