Updated about 6 years ago on . Most recent reply
House Hacking Partnership
For my first deal, I want to House Hack a small multi-family (2-4 units) but I don’t have a lot of money for a down payment. How could I go about splitting a deal with someone who could put up the down payment (or at least a good chunk of it) such that it would be worth it for them? I would bring the deal and I could take on the managing responsibilities since I would be on site, but how could we split up income and expenses such that it is still a good deal for my partner.
Also, could we still make it an FHA loan since I would be living there?