Updated almost 6 years ago on . Most recent reply
Housing Hacking without Income
Hi everyone, specifically lenders, do you know if I can house hack using an FHA loan with only 3.5% down payment without income? I am currently a student but I don't make enough money to get approved for a loan. I have saved up some money so far and I can even get some from my family to use as a down payment. The plan would be to purchase a multi-family of 2-4 units. Would lenders approve if there is enough rental income coming in from the other units?