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Updated over 7 years ago on . Most recent reply

Ray Agosto's profile image
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Ray Agosto
  • Specialist
  • from Somerset & New Brunswick, New Jersey
  • Member since Aug 21, 2016
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Ray Agosto's profile image
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Ray Agosto
  • Specialist
  • from Somerset & New Brunswick, New Jersey
  • Member since Aug 21, 2016
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Ray Agosto
  • Specialist
  • Somerset & New Brunswick, NJ
10
Votes |
215
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Buying & Selling Real Estate

More details on house hacking.

Ray Agosto
  • Specialist
  • Somerset & New Brunswick, NJ
Posted
Well hello bigger pockets, it's been a while since I've used this website I have a serious question? I heard of house hacking & my question is to house hack do you have to live in the residence or can you just say its owner occupied I am just show proof of address such as letters or bank statements etc.
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Michael Noto's profile image
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Michael Noto
  • Real Estate Agent
  • from Southington, CT
  • Member since Jan 27, 2008
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Michael Noto
  • Real Estate Agent
  • from Southington, CT
  • Member since Jan 27, 2008
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Michael Noto
  • Real Estate Agent
  • Southington, CT
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

@Ray Agosto If your plan is to get a FHA loan than yes you must live in one of the units of the home as your primary residence for at least 1 year. Doing otherwise is playing with fire as I am pretty sure it constitutes mortgage fraud.

  • Michael Noto
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