Insight
FHA loans allow buyers to put as little as 3.5% down on a property, and they can buy a two, three or up to a four unit property. This makes it a great option for those looking to house hack.
The New (Better) House Hack: No Roommates, More Rent
Summary
This article discusses "house hacking" as a strategy for real estate investment, emphasizing its potential for those with modest incomes. It highlights financing options like FHA loans and conventional loans with low down payments, as well as partnership strategies and down payment assistance programs, and how they can be used to offset mortgage costs.
Key takeaway