HOUSE HACKING IN SACRAMENTO, PREAPPROVED WITH FHA & CONVENTIONAL
Hey yall,
Was just out in Sacramento recently exploring the area and have an idea of where Id like to invest primarily north of sacramento, given better areas/schools/safety and close to university and hospitals
Goal is to live in one unit and rent out the rest, rinse and repeat
Where would you recommend investing in multifamily?
How does buying your first place of residency with an FHA and/or conventional loan impact buying your second place and so on so forth
What do you need to qualify for a 3-4 unit multifamily with FHA? how does that differ with a conventional loan?
Hoping to find a place in the next 3-6 months
Any guidance on the process, education, blindspots would be great
Appreciate it, hoping to connect with others on a similar journey!