In high-priced markets, many 4-plexes fail this test. 🛠️ Step-by-Step Process
Calculate the Self-Sufficiency Test before offering. buying a 4 plex with fha
75% of the total estimated gross rent must exceed the full monthly mortgage payment (PITI). In high-priced markets, many 4-plexes fail this test
For 3-4 unit properties, the FHA requires the property to pay for itself. In high-priced markets
This is the "make or break" rule for 3 and 4-unit properties. ⚠️ The Self-Sufficiency Test