Is this even possible ?

[Juan Campos]

Hello fellow investors I have another question for you all

as initially posted before, my wife and I are looking to purchase our first house hack/firs home here in the next 8 months, we are expecting a baby and are currently still saving, we are avid listeners and are very motivated to make the right moves, after reading books and listening to podcasts there are several options we have available.

However I am seeing duplexes for 300k which is out of our planned budget  to start with(we dont want to be house poor) so my question is can we use the potential rent of one side of said duplex to qualify for more loan? Or would it he considered an investment property and pay 15% down payment? We have little to no dti all we own is paid off and we are looking to use fha 3.5% or conventional 5% 

Most duplexes I see are 280-350 range and we are debating to either find a sfh in the outskirts of town and house hack some rooms to some siblings as we are  willing to drive an hour out and make sacrifices.

Or see if we can get into a duplex with the plan to move out after a year or so onto our next door 

Would the lender consider the fact that we plan to use the duplex to generate income and allow us to use the potential rent as income to qualify for more loan ? 

Thanks In advance
also any investor friendly lenders or agents in the dfw area id love to network 

and as the bp podcasts say let me buy you a cofee ! Thanks

[Juan Campos]

Quote from @Dave Skow:

@Juan Campos- you  can purchase a duplex  with  a  3.5% down payment and   you will be able to  use part of the  unit you will rent to help qualify ...let me know if you  would like a  lender  referal

Thank you and yes please refer I'm looking to speak to a couple lenders and look at My options I have 9 months to strategize and structure a plan along a lender and a realtor.