Multi Family Properties with a low down payment. The definition of a multi family property is two to four units. So multi-family home for the low down payment, can it be done? The answer is yes. So if you're purchasing a property and you intend to live in one of the units, so definition again, a single family property is just a single family residence. Just one living unit.

Multi family would be anywhere from two to four units. Now there are more units available. That would be a commercial loan. But under FHA, the Federal Housing Administration, that loan lets you have up to four living units as long as you're living in one of them. It's a primary occupancy in one of the units.

So when that's the case, you can have a debt to income ratio up to 55%. And by the way, the rental income from the other three units is able to count towards your qualifying income. You're able to offset that.

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