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Updated about 5 years ago,
Possible to "house hack" a second multi-family home?
Hey friends,
Currently developing a real estate investment plan for the next few years and a friend recommending me to this forum for info/resources. My wife and I are leaning towards multi-family homes (duplexes, primarily). We plan on purchasing and owner-occupying a duplex this spring having to only pay 3.5 to 5 percent down.
My question is: is it possible to owner-occupy a second (or third and so on...) multi-family purchase for the low money down option? Or will lenders always require the full 20 to 25 percent down for a second multi-family?
Thanks!
-Taylor