Updated over 4 years ago on . Most recent reply
House-hacking + Short-Term Rental
Hey guys!
Next year, I intend to purchase a home for the first time. I want to aim for an FHA loan with 3.5% down. I want to buy at least a triplex (preferably a fourplex), live in one unit for a year to satisfy the FHA requirements, and use the other three units as short-term rentals. What do you think? Is this legal?