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FHA 223 loan experience?

FHA 223 loan experience?



FHA 223 looks like a great deal, but looking around on BiggerPockets not a lot of folks chiming in with borrower experience. I had initially been interested in exploring using it for 5+ unit properties under $1 million, but seems like less than $2 million is rare enough as it is based on lender comments on BP. Anyone here have personal experience on the borrower side exploring this financing option and have thoughts on when it might be appropriate to seek out over more conventional commercial options?

submitted by /u/JFman00
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