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Updated almost 3 years ago,

User Stats

1
Posts
1
Votes
Alejandro Olivarez
  • Mcallen, TX
1
Votes |
1
Posts

house hack while owning primary residence

Alejandro Olivarez
  • Mcallen, TX
Posted

Hi, fairly new to bigger pockets. I'm looking to invest in multifamily property either side by side apt. or property with separate dwelings. spoke to a couple of lenders & both are telling me that they recommend I sell my current home 1st if I plan on househacking on another property. Im being told it may be difficult to get an approval on a loan & use it as a primary residence if I have already have a primary residence. I would much rather just rent my home and purchase elsewhere. any recommendations? thanks in advance for any input.

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