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Updated over 4 years ago on . Most recent reply
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Can you House hack an 8 unit apartment?
I recently found an 8 unit apartment complex for sale. I am able to afford the 20% down but I would rather try to house hack in order to put less down. I know it is possible in duplex-quadplex but wasn't sure about apartments and mobile home parks. Any info is welcomed and much appreciated!
Most Popular Reply
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If you're looking for a low (3-5% down) down payment on an 8-unit apartment or mobile home park, then you're out of luck. You're going to have to get a commercial loan and put down 20%-25%.