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Updated almost 3 years ago,

User Stats

5
Posts
1
Votes
Montavius Jones
  • Developer
  • Milwaukee, WI
1
Votes |
5
Posts

Partnering on a FHA home hack?

Montavius Jones
  • Developer
  • Milwaukee, WI
Posted

My business partner and I are looking to do our first deal together. We are looking for a duplex or triplex that would be owner occupied by one of us. Some lenders we've talked to are saying we'd both have to live there in order to use FHA. Is this true? Is there a work around?

Or is there another financing strategy we could use so that we are both on a low down payment loan?

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