Purchasing First Duplex as a House Hack

[Caleb Smith]

Hey everybody!

I had a question about purchasing my first duplex later this year that I plan to use as a house hack and seeing which option most people would recommend.

I have already purchased a few single family homes, but wanted to see what financing options would be available for an owner-occupied duplex.

Would I be able to use an FHA loan since I have never used one or does this only apply to first-time homebuyers?

I was interested in that option due to the low down payment requirements.

If that option does not work, what would be the smallest down payment I would need for a conventional loan?

I appreciate any feedback that you can provide!