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Updated over 5 years ago on . Most recent reply

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28
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12
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Alishea B.
  • Rental Property Investor
  • Georgia
12
Votes |
28
Posts

FHA Today Tommorrow, Forever

Alishea B.
  • Rental Property Investor
  • Georgia
Posted

I have been doing a lot of research and I love the idea of house hacking. I know I have to live there a year minimum so this is my question.

Let's say I purchase a triplex that's a 2/1 on all 3 units and I rent out the other two units. Can I rent my other bedroom out in my unit and have a roommate as long as I'm living there?

Most Popular Reply

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6,015
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
5,055
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6,015
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Alishea B. one of my clients did this all the way through his house hacking career. He started with a two unit in Berwyn, which is one of the main areas we look in the Chicago burbs. He then house hacked a three unit and brought the room mate with him! He was able to pick up three properties before his girl friend finally put her foot down!

  • John Warren
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