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All Forum Posts by: Donna Williams

Donna Williams has started 2 posts and replied 12 times.

Buying & Selling Real Estate

Post: FHA House Hack Split Residency & 203k

Donna WilliamsPosted
  • Posts 12
  • Votes 1

What is the credit score for both?

0 Votes
Buying & Selling Real Estate

Post: FHA House Hack Split Residency & 203k

Donna WilliamsPosted
  • Posts 12
  • Votes 1

I'm interested in doing House Hacking as my first mortgage as a free and clear, off-title homeowner. I have two questions. I cannot vacate my existing home. So my options are doing an FHA rehab loan, paying that off almost immediately and then applying for FHAFTB. Would I be eligible for both or is it one and done? Alternatively, could I just do the FHAFTB and split residency between them for the first year? 52 weeks of residency but not 365 days buying locally.

0 Votes