Best loan options for a multi-family house hack

[Christian G Leone]

Hi All,

I will be purchasing my first property within the next few months which is going to be a house hack. I have my eye on a duplex for $420k in North Jersey which seems like a good deal on paper. Would it be better to utilize an FHA loan here or a low money down conventional loan for this? For reference - I have make $82k per year and have a 767 credit score.

I appreciate all input!

[Taylor Dasch]

If you can do an FHA loan I think that would be the best way to go! When I was searching for a house hack with a conventional loan, a lot of lenders required a higher down payment.