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Updated over 3 years ago, 05/30/2021

User Stats

150
Posts
50
Votes
Clayton Hepler
  • Rental Property Investor
  • Pittsburgh, PA
50
Votes |
150
Posts

House hacking 3-4 units multiple times? Best way to do it?

Clayton Hepler
  • Rental Property Investor
  • Pittsburgh, PA
Posted

Hello, I have an FHA 203K loan that I closed last year in July on a 3 unit. I would like to house hack again with another conventional loan on a 3-4 unit. Any suggestions on what type of loan I could get that has a construction component with it and also has a low down payment? It seems like the convention 97 is ruled out, because I don't qualify. Also, it seems like some lenders would look down on moving into another investment property in the same neighborhood to house hack after 1 year? Who has had experience doing this?

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