FHA Today Tommorrow, Forever

[Alishea B.]

I have been doing a lot of research and I love the idea of house hacking. I know I have to live there a year minimum so this is my question.

Let's say I purchase a triplex that's a 2/1 on all 3 units and I rent out the other two units. Can I rent my other bedroom out in my unit and have a roommate as long as I'm living there?

[John Warren]

@Alishea B. one of my clients did this all the way through his house hacking career. He started with a two unit in Berwyn, which is one of the main areas we look in the Chicago burbs. He then house hacked a three unit and brought the room mate with him! He was able to pick up three properties before his girl friend finally put her foot down!