Getting Financing for a Second House Hack

[Ishmeal Ivory]

Hi Everybody,

I’m a new investor who purchased his first single family home in June 2021. I purchased it with my twin brother and we are looking to get another home in the next 6-12 months in the Sacramento market. We used a Conventional loan and put 3% down. Both of our names are on the property.

My question is how can I get a 2nd loan to house hack a property as a primary residence? Is it possible for either me or my brother to stay in the first home we purchased while the other person gets another home and used that has a primary residence. So essentially there would be both our names on the first property and only one of our names on the second property.

Any advice would be greatly appreciated 😁