Ambitious and hungry eyed investors are coming to me ready to get their first rental.

​

They can put down 20% and have a duplex they’re ready to househack.

​

And THAT is where it all goes down hill.

​

Many of my well intentioned investors don't realize DSCR loans require the homes to be non-owner occupied.

​

So that removes Househacking from the agenda.

​

If you're looking to live in a home and rent out another unit then an FHA could be a fine option.

​

But if you want to own a rental and use it as a source of income, not residency, then a DSCR is your way to go.

​

Curious- who has househacked before? 👇