Listing multi family property advice?

Profile picture for vipm06
My multi family property is listed as a "HOME" even though I marked it as Multi Family on the listing form.
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May 20 2009 - Berne
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Answers (2)

Profile picture for Daniel J. Currie
Ask your agent to list it as both a residential home (if it can be converted to a single family residence; FHA will finance improvements), and list it as an investment property. Remember, FHA will also finance for a owner-occupant buying a 2-unit property. Fannie Mae will finance up to a 4-unit property. Anything over 4-unit, is a commercial property; or if it is zoned commercial or used for mixed-use.
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May 20 2009
Profile picture for ChandaB
If you listed your property with a company, I would ask your agent to change the property type in the MLS.  Is this where you are seeing the error or somewhere else?
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May 20 2009
 

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QuestionListing multi family property advice?
  • Latest answer by Dan Currie
  • May 20 2009
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