Duplex to live in and rent.

[Billy Anderson]

So I'm not understanding how I can do an fha loan on a duplex and live in one unit. If I did that wouldn't I need to have my renter for the other unit pay 2x the rent and 2x their utilities? If I'm buying that duplex I'm not wanting to pay my own rent right? So wouldn't I have to make the other unit pay my share to So the mortgage can be paid?

[Sam McCormack]

@Billy Anderson

Hey Billy. It isn't meant to be "living for free" it is meant to lower the expense of housing. Lots of people hype it up to be almighty (it is!), but it isn't the holy grail some make it out to be. The main point of it, is to lower the most expensive part of living, housing.