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Updated over 3 years ago on . Most recent reply

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Zach Banfield
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House Hacking with an LLC?

Zach Banfield
Posted

Hi all - new to real estate investing, so looking for some advice.

I have a business partner which I will be forming an LLC with. Do we have the ability to still house hack using an FHA loan for our first multi-family property, or can we only do this as individuals? I know we could do this as an owner occupied individually, but wasn't sure if anyone was done one as an LLC before.

Or as an alternative has anyone done a FHA Owner Occupied with a business partner before? What did that look like? How was it setup? Should we avoid an LLC all together to begin with?

Thank you!

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