NACA Loan Inquiry

[Joseph Eapen]

Hi all, I recently went to a NACA homebuying workshop and obtained my NACA ID. Obviously, it seems like a great option for anyone who is trying to get started in real estate investing. I was wondering if someone could tell me about their experience about househacking using the NACA loan. I really want to know if it is possible to get out of the loan, so I do not have to owner occupy the property for the life of the loan. What are the restrictions around getting out of the loan, how long does it take, are there min or max time limits before we can get out of it, are there fees, etc. If anyone can share their insight/experience of utilizing NACA to start their investing career and then how they moved on to the the next property to buy, that would be greatly appreciated.