Updated almost 4 years ago on . Most recent reply
Help with house hacking to get second home
I purchased a home threw an FHA loan and closed in March. The House has since went up 100,000 + in property value. I have been on mortgage forbearance for 6 months. I plan to stay on forbearance for 6 more months. I need help with a contract for house hacking, plan to rent out both extra rooms. I am using Facebook and another roommate finder app to source for roommates. At the moment I plan to use Lease contract from the BP to lease room, but I am not sure if that is good enough for house hacking. Should I sell house then use profits to get 2 more houses? How can I get a contract for house hacking?