Our client came to us looking to purchase the 4 unit residential building pictured below. By implementing an FHA loan for our client we were able to achieve a loan with a LOW 3.5% down payment! The purchase price for the property was $625,000 with a down payment of 3.5%. His monthly terms were: 2.75% (2.875 APR) interest rate on a 30 Yr Fixed loan! Client lives in one unit, and rents 3 others out. By renting the other units out he is collecting rent and ONLY PAYING $1650 FOR