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Updated over 5 years ago on . Most recent reply
Is a FHA mortgage the best way to go for house hacking
Hello guys. I was wondering if FHA loan with a low downpayment is the way to go for buying first house with the intention of house hacking ? I was thinking put down a lower percentage and then be in a position to buy a 2nd property faster ?
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Marcus Auerbach
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Marcus Auerbach
#2 Managing Your Property Contributor
Agent
Pro Member
#2 Managing Your Property Contributor
- Investor and Real Estate Agent
- Milwaukee - Mequon, WI
@Mark ONeill FHA inspections are unpopular with sellers. A 5% down conventional is much more competitive. Home Possible by Freddy Mac for example.
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