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Updated over 3 years ago on . Most recent reply
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“House Hacking” Commercial Real Estate
Hey community, I was just curious if anyone has applied the house hacking strategy to their business with commercial real estate. Are there any BP podcasts where this is explored? Thanks!
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Hi all, agreed with the above that the general concept of "house-hacking" could be applied to commercial real estate where there is an owner-occupied business sharing space with other businesses or residential tenants (in the case of mixed-use). In the case of a mixed use building up to 4units, the majority of the square footage needs to be residential and then it can be considered for FHA financing (residential) with as little as 3.5% down.