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Updated almost 5 years ago,

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4
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Myles Salazar
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4
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House Hacking in A New State

Myles Salazar
Posted

I am looking to House Hack a duplex in Texas. Putting 3.5-5% down, live in one unit, and rent out the second.

I currently reside in New York City. I freelance as a gaffer in the film industry and also work as lighting technician at a rental house. 

My question is: 

Will the lender still approve my loan for a property in Texas, with past income made in New York? Or will I need to develop a track record of income in Texas and rent myself for a year before buying?

This is my first investment and I see there is a lot of population growth in Austin, Texas. 

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