If I'm house hacking a i.e. multi unit building, with an FHA loan, do I have physically have to live inside the one unit? I'm obviously not going to rent the owner occupied unit out, but do I physically have to be the...
I put in an offer on this duplex to house hack and I’m going to be using an fha loan….they counter offered and I want to accept, but as far as we know there is only one comp. i talked to my lender and asked him about ...
Hi Everyone,I recently got a new job thatallows me to live remotely in any part ofthe country. I wanted to make the mostof this opportunity and invest in realestate. So far, I have 1 turn key investmentproperty but I'...
Hello everyone. Quick piece of advice. I have a home that is already paid of. I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on...
Hello everyone. Quick piece of advice. I have a home that is already paid of. I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on...
Hey BP land,Looking to reverse engineer my next house hack. Im in houston texas and would like to know what performance metrics should I seek in a 1 to 4 unit home to ensure Ill get approved for another loan year afte...
I am currently renting with 4 roommates and they do not mind moving into a new house with me. I Have more debt to income and will be going towards a FHA Loan. However, I have never owned a house before and not sure of...
I work in Philadelphia Pa. and I am required to live in the city. I am looking to purchase a duplex and live as close to rent-free as possible. Some of the multifamily properties for sale in what I would consider low-...
Hi Guys,I am looking to do my first house hack but have a few questions.1. Why do lenders allow 3.5-5% down when the property is owner occupied? Is this lender specific? 2. How long is the “owner occupied clock”, mea...
I’m considering moving from my SFH to a SFH split foyer w/ separate entrance in-law suite. I’d then house hack renting the in-law out as well as house I’m moving from. How do I run numbers to ensure this is worthwhi...