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Updated about 5 years ago on . Most recent reply

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38
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Funding a duplex house hack

Posted

Can private money lenders lend on owner occupied properties? I know that hard money lenders can't and I'm looking to avoid having to use an FHA loan on a duplex property I'm interested in house hacking. What are my options?

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Anthony Dooley
  • Investor
  • Columbus, GA
1,995
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Anthony Dooley
  • Investor
  • Columbus, GA
Replied

@Tyrell D Bradshaw the bank cannot make you do anything. You may not be able to apply for a new loan as a primary residence for two years, but you can apply for a loan for more investment property. Don't get tripped up on step 4 before you take step 1.

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