Updated over 8 years ago on . Most recent reply
House Hacking Question
Hi, fellow BiggerPockets readers!
I'm looking to buy a duplex in the suburbs of Chicago, and a financing question came up.
I'm going to do a house-hack on a duplex - occupy the downstairs unit, rent out the upstairs unit. My financing for this one is FHA.
Question - if the upstairs unit has only one entrance, can I do FHA on it? Would I have to do conventional? Would I be able to do conventional?
Thanks a lot in advance for any input!
Most Popular Reply
I think you may have trouble if there is not a second egress. I'm not familiar with the codes in your city/ town. The duplex itself is not an issue for FHA