Need advice on some great ways to get a down payment

[Joshua Brewer]

We are interested in the idea of house hacking and getting a multi-family home but how would someone who doesn't have much of a savings account come up with say 40k-70k for a down payment on something like that?

[Tim Swierczek]

@Kevin R. You can’t be serious saying that FHA does not allow a non--occupant co borrower. They most certainly do them, and have for as long as I’ve been doing FHA loans. In fact there used to be a term for it called the kiddie condo because parents would often help their kids purchase condos as non-occupant borrowers while the kids are at college. I do a minimum of one of these every single month more than 50 in my career.