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Updated over 4 years ago on . Most recent reply

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Walter Herrera
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7
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Duplex hack/construction loan

Walter Herrera
Posted

I am new to real estate investing and looking for advice or guidance. I am looking to build a duplex with a construction loan and have everything set to build and live in the duplex as a house hack, but pending appraisal so that might derail everything. While I was waiting I found a quad plex that I felt was a good price that I could house hack. My question is would I run into any problems attempting both at the same time funding wise. I would like to now apply for a home loan apart from my already in process construction loan that was supposed to be geared towards primary residence.

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