Skip to content
Starting Out

User Stats

4
Posts
0
Votes
Myles Salazar
0
Votes |
4
Posts

House Hacking in A New State

Myles Salazar
Posted Apr 11 2020, 19:38

I am looking to House Hack a duplex in Texas. Putting 3.5-5% down, live in one unit, and rent out the second.

I currently reside in New York City. I freelance as a gaffer in the film industry and also work as lighting technician at a rental house. 

My question is: 

Will the lender still approve my loan for a property in Texas, with past income made in New York? Or will I need to develop a track record of income in Texas and rent myself for a year before buying?

This is my first investment and I see there is a lot of population growth in Austin, Texas. 

Loading replies...