2 Years of House Hacking Before I Count as a Landlord?

[Valerie King]

Hi there,

I've read, mostly through BiggerPockets posts, that if I'm planning to purchase a multifamily with a loan that requires owner occupancy (house hacking), then after two years the income from the property will count as income in the minds of lenders. Is this true? If so, where does this info come from ... Is it federal law?

I want to make sure that I understand if and when a house hacked property will count as an actual investment property by banks so that when I want to purchase a second property, the first property counts for me and not against me.

Thank you,

Valerie