Found the perfect househack.... BUT

[Mei Acosta]

So I found the perfect duplex to househack with FHA financing BUT the current owner has rented both sides out until December, 6 months from now... They don't want to wait until then to close obviously and they won't consider owner financing. Is there any alternative I'm missing?

[Mohammad Nur]

Originally posted by @Mei Acosta:

Originally posted by @Mohammad Nur:

@Mei Acosta, there are conventional loan products for Primary house which allows 5% down (there are some requirements). You can look into Freddie Mac's home possible loan program. 

My understanding and from what the lender has said is for a duplex it would have to be 15-20% down for conventional. And for primary occupants I'm sure there is a timeline we'd have to move in by like for FHA - 60 days?

I have personally bought a duplex with 5% down. My lender also initially told me about either FHA or 15% down requirement. But I did some research and found that my home was eligible for Home possible loan with 5% down.