I have been planning to house hack a small multi-family for quite some time now, and have a question about strategic financing.My question is: If I only plan to live in the property one year before moving into another small multi using another low-down payment loan, are there any advantages to going with the FHA or Conventional that would be important to consider?

@Moncy Samuel , if you have someone living in the property who is not on the lease, deliver a cure or quit notice to the tenants who are on the lease.

I haven’t seen a decent 3/2 under $200k in quite awhile.

Have you posted a comply or quit notice up yet ?

However, I don't quite have enough cash on hand for a down payment in the market I am interested in.

Many are quite successful and I think that is great.PS: the only real estate investor on Shark Tank is a woman.

Unfortunately, Texas has some Heloc restrictions that make this loan not make quite as much sense.

My purchase is still a good "deal" IMO but these tax implications make the CoC return look not quite as rosy.I also listened to that episode and it helped me think less frantically about getting a "deal" and instead thinking through the market in which I'm purchasing.

It was a HUD home and also on the market for quite a while.

Hello,At this moment I've never purchased a property, but I'm looking to change that.I've been doing a lot of snooping at Biggerpockets.com and decided it was time to quit lurking LOL.I am looking to get into multi-unit homes in my local area and either rent them to tenants or go with Airbnb.Thanks for reading.