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Updated about 3 years ago,
House hacking strategy
I put in an offer on this duplex to house hack and I’m going to be using an fha loan….they counter offered and I want to accept, but as far as we know there is only one comp. i talked to my lender and asked him about this and he said this could definitely be a problem. I don’t want to lose by due diligence money and pay for an appraisal just to have the financing fall through. If possible I would love some advice, whether it’s a solution to this problem or y’all just telling me to move on.
Thanks..