House Hacking Financing

[Jacob Mitchell]

As a young real estate agent, I have been intrigued by the house-hacking strategy of investing. This strategy wasn't first taught to me by Bigger Pockets, but the platform has clarified many of the misconceptions I've had in the past. However, I still haven't been able to figure out what financing would look like in the most traditional situation. If you finance your first small multifamily property with a 3.5% FHA, what do you finance your next property with? I hear you can grow your portfolio with low money-down mortgages by moving every year and renting the last unit you lived in, but how do you get into the next multifamily with anything other than a 20% conventional loan?

Would appreciate someone's insight on their strategy or (if necessary) conveying a tough reality that it's not that easy.