Multi-Family Housing Revitalization Demonstration Program - rurdev usda 2025

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Buying a multifamily residence with a USDA loan? Hello, I was wondering can you purchase a mutifamily home (duplex, triplex or quad) as an owner occupant residence with a USDA home loan? Thanks! The answer is Yes, you can. That said, you will need to make sure the property meets the definition of rural first.
USDA loans require that the property be in good condition and safe for occupancy. Homes may be disqualified due to: Structural Issues: Major problems with the foundation, roof, or overall structure. Safety Hazards: Exposed wiring, lack of smoke detectors, or other safety concerns.
USDA loans can only be used when the home is the borrowers primary residence. You cant use the USDA loan program to buy a vacation house, second home, or rental/investment property.
USDA offers guarantees of up to 90% of the loan amount with terms between 25-40 years. The application guidance is available in the Federal Register.
The USDA 538 Loan Program is a government-guaranteed loan available to developers of multifamily housing in rural areas. To qualify, multifamily housing projects must be intended for low- and moderate-income families. The USDA provides a guarantee of up to 90% of the loan.
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Here are seven strategies you can use to buy a multifamily property with no money. Partner With Another Borrower. Provide a Share of Equity to Another Investor. Pursue Seller Financing. Get a Cash-Out Refi on Your Home. Take a Hard Money Loan. Invest in a Duplex or Other Small Property. Assume a Sellers Loan.

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