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Updated over 3 years ago on . Most recent reply

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Alice Foster
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House hacking with conventional loan

Alice Foster
Posted

I understand house hacking with a FHA loan will only work for up to 4 units, I'm wondering if it's the same for conventional?

I'm still learning and just exploring my options. I'm considering partnering with someone to buy a larger property (8-12 units), I'd use it as a primary residence but not sure if the lower down payment would still apply in that case. I've also read conflicting information about the required percentage down for owner-occupied properties with conventional, is it still 5% or has that increased? 

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