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Updated about 4 years ago,
How to house-hack this 4-plex??
Are you able to mix hard money with residential lending? I read that you are able to take advantage of residential conforming mortgages on properties held in a trust as long as you are the beneficiary but I don't know if there is a way for them to see how long you've been the beneficiary?
I'm asking because it is much easier to obtain rehab money for properties when using an LLC, but, if I want to house hack a multifamily that needs a ton of work (hypothetically-perfect BRRRR scenario) I would need to fix it up using hard money and then refinance after.
I haven't heard of folks living in any of their properties owned by their company, is this possible/feasible?