How many times can you house hack in the same area?

[Anthony Liguori]

How many times can you house hack in the same city?  My mortgage broker advised that i would have to keep getting a bigger house so it can "make sense" to the underwriters or bank .. whats everyone's experience house hacking several times in the same area?  

[Cameron Tope]

Originally posted by @Twana Rasoul:

@Anthony Liguori @Cameron Tope You can buy whatever you want as an investment property as long as you can afford it.  Anthony, you are talking about house hacking and you absolutely cannot buy one property with your family that is a 5 bedroom house using an owner occupied loan and then a few months or a year later decide to move into a 2 bedroom duplex with them a mile away because it was a good deal and you want to do another owner occupied loan and then you find a great 4 bedroom house down the street and then to a 2 bedroom condo.  

It has to make sense. There are some good reason like moving to another area for work, but lenders generally will not allow an investor to take advantage of just amassing rental property using low money down/owner occupied options.

No need to take either of our word for it.  Talk to your lender once you get to that point and you'll find out.

That still is not correct. You can buy a property with owner occupied financing every 365 days. You can move from a 5 bedroom to a 2 bedroom and still get owner occupied financing.