I am not sure what you mean by " a second unit that has a crack"....is this a house or a multi family property? FHA loans are particular about property condition, but I would not count yourself out of the purchase based on what you don't know for sure, which is exactly what your FHA lender will allow or not allow. My approach is to work with your broker to craft the best offer possible, protecting your interests while reaching your goal. Be prepared to offer up cost of rehab, and a plan for resolving any serious issue. Financing a purchase of this nature can be tricky, but your broker and your lender can help you answer any questions of this nature.
Karla Divine, Principal Broker
Divine NW Realty