I am however open to occupying it for a year in the case of FHA.Im saying that if you decide to go with an investment property loan and not occupy the property, you may need to show 12 months of rent payments from where you currently live, and if you are living rent free, some lenders will disqualify you.

Feel free to let me know if I can answer any other questions.

Feel free to reach out!

I am an agent and investor in the Phila area and I have actually purchased my own house hacks as a means of investment.Feel free to reach out anytime if you are looking to connect and chat more about the market and househacking!

I google free mortgage calculator to see what my payments will be.

If you want an introduction to my contacts at either feel free to DM me. 

.: BiggerPockets Ultimate Beginners Guide (free) and The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss (although it's no longer in print, you can find used copies).

It’s costing you thousands of dollars post-tax plus wrecking your DTI. 3) sell your current home tax free and buy a duplex or fourplex.4) AGAIN: figure out the ownership structure and the breakup structure.

If you have specific questions or need further guidance, feel free to ask.

Feel free to PM if you'd like to chat sometime about your plan.