House Hacking with no income

[Zane Bradshaw]

I was wondering.. Is it possible to do a 'house hack' with no income starting out? I am still in school, and have no current income, would it be possible to get the necessary loan to fund a house hacking project for me to live in? If so, what loan type would be most suitable? Thanks

[Rogelio Rosales]

You could get a private lender to fund the purchase and rehab with a good return on investment. Rent the other unite pay the lender and at the same time put down your first year of taxable income. After the year is up then refinance your private lender out. Find another property do a FHA 203k loan and hack the property. That way you leave your private lender open to buy yet another property. In theory you could get 3 properties by your 2nd of investing.