FHA Loan and House Hacking
Hi BP, I have want to sell my primary residence and buy a duplex to house hack. My wife and I already have duplex through a conventional loan, that is cash flowing. Will the bank allow us to get an FHA loan with little money down in order to get an owner occupied multi-family? Do I have to complete sale of my primary residence first? Will they make me put down 25%? What if we don't have 25% in order to buy duplex?