House hacking a Duplex with FHA finance

4 Replies

My wife and I are starting the process of building credit in order to get FHA financing to house hack a duplex. Specifically in the new orleans market. What are some suggestions for financing other than FHA and other loans that would be good for this strategy? All advice is welcome TIA

FHA is the best bet for units although the mortgage insurance can be prohibitive and the self sustainability rule doesn't work in all areas of the country.