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Updated over 4 years ago on . Most recent reply

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Izac Sheforgen
5
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13
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House Hacking a Tri-plex or Quad-Plex

Izac Sheforgen
Posted

I am wondering if you are able to house hack a tri-plex or quad-plex in WI or MN? Are you able to get an FHA loan on these properties by owner occupying one of the units? I know you can get an owner occupied/low percent down load with a duplex, but is there is difference when trying to house hack something larger? Any help would be greatly appreciated.

Most Popular Reply

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386
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303
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Adam Tafel
  • Real Estate Agent
  • St. Paul, MN
303
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386
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Adam Tafel
  • Real Estate Agent
  • St. Paul, MN
Replied

@Izac Sheforgen - we help FHA borrowers occupy 2-4 unit properties all day long, 3.5% down. You can also use 75% of current or projected rental income to increase your borrowing power. It's a great strategy for a new investor.

  • Adam Tafel
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Upside Property Sales
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58 Reviews

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