I have a fixed income and/or low income. Can I afford to buy a multifamily home?

A fixed income does not necessarily disqualify you from buying a multifamily home. Your lender is the best person to advise you on any income or savings requirements. Remember, not all lenders have the same requirements, so if you don't get the answer you are looking for, try another lender.

If you have a low income, it will be harder to purchase a property in general (multifamily or single family). In this case, we recommend you consider joining the program and opting for the side hustle active income track. This path can help you generate additional income, facilitating the start of your journey toward eliminating your housing expense.