Can I Do This??

[Andrea Evans]

I've owned my primary home in Charlotte, NC, for seven years using an FHA loan this June. I want to use the new 5% conventional on a four-plex unit-to-house hack (MTR strategy) in Cincinnati, OH. Can I utilize this strategy if I rent out my current primary in Charlotte and move to Cincinnati to invest in real estate? My current savings pot is low; I believe this will enable me to accelerate my savings goal as the barrier to entry is significantly lower. In addition, my W-2 job is entirely remote. I would only be in Cincinnati for that entire calendar year and then return to Charlotte to my primary home.