House Hacking and Conventional Financing

[Nicholas Zornek]

I'm considering buying and house hacking a duplex . I have no experience with conventional financing. I know typically a duplex is more expensive then single family homes.My question is, is it easier to get conventional financing for that types of properties because of it's potential to produce cash flow,or at last reduce what I'm paying for the expenses out of my own pocket.?How does the lending and underwriting process differ from single family home . Also take into consideration I'm a first time property buyer,which will likely need and FHA loan. Any input would be appreciated.

[Melvin List]

@Nickolas Zornek if you have good credit I would check out HomePossible or HomeReady programs before deciding on FHA