Alternative to house-hacking?

[Josh Foret]

I am unable to qualify for an FHA loan on my own. The good news - I have a co-signer. The bad news - I will have to put 20% on the duplex instead of 3.5% since I am in need of a co-signer. That'd be tying up quite a bit of capital I was planning to put towards my first flip.

This really throws a wrench in my house-hacking plan. 

However, if I purchase a single family home FHA with co-signer will allow me to get away with 3.5% due to the fact that it isn't multiple units.

Assuming I'm able to find a solid single family and rent it out, could I just live in the flips while rehabbing?