FHA 203k or HML for 1year house hack

[Joy Jones]

Hello BP!

2 years of researching REI. Thanks in advance for the continued education you all have provided, and I do try to do

The same, the best of my own knowledge.

I’m looking at a property that I would love to move my family into as primary residence for 1year, then either sell, or

Rent as I plan to move to a different area once my son graduates 2020. Bank owned-

Cash or 203k only accepted. My HML only lends for 12 months, then I can Refi, or

should I use The 203k route? In my family we are licensed contractors.

Any thoughts on which direction I should

take? Any and all advice welcomed!!