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Updated about 4 years ago on . Most recent reply
USDA Rental and FHA Primary House Hack
My wife and I bought our first home with a $0 money down USDA Loan. This July will be our 1-year anniversary of living in our home. Is it possible after July to buy a duplex or triplex, as our new "primary residence", to then house hack with an FHA loan and only have to put down 3.5%? We would then rent out our house that has the USDA Loan. Is this legal and/or possible?
Your feedback is greatly appreciated!
Thank you,