House Hack multiple Multi families,can banks/underwriter stop it?

[Antonio Porta]

Before we buy our 3 unit what is the best loan product which would allow you to house hack multiple MFR's?

Would choosing one loan product over another raise an issue when it came time to Purchase our 2nd MFR? Or our 3rd MFR?

Asking this now, I also hear that under writers may not approve moving from one 3 unit to another? Is it true, and if so, is there a way to get around the under writers if you plan to house hack multiple MFR's?

Any thoughts are appreciated, thank you.

[John Warren]

@Antonio Porta I often encourage my clients here in the Chicago market to lead off with the 5% down conventional loan if they can. This frees up the FHA loan for the second purchase. If you already own property, this strategy won't work, but for someone who has never purchased a home this strategy is golden!