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Updated over 2 years ago on . Most recent reply
Looking for first house hacking property with a DSCR Loan.
Also, like to add with little to no money down. Any suggestions?
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Quote from @Tim Malico:
Also, like to add with little to no money down. Any suggestions?
Cannot use a DSCR loan to house hack. This is for investment properties only.
You can do an FHA at 3.5% down to house hack a multifamily but there are some guidelines to do it.
You could also buy a single family with a conventional loan, rent out the rooms, and the ADU (if there is one).
You will need some skin in the game to do a house hack.
- Erik Estrada
- [email protected]
- 818-269-7983
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LuxePrivate Investments LLC
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