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House Hacking

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Jack Carrozzi
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Using FHA loan and Down payment assistance on a househack

Jack Carrozzi
Posted Feb 2 2024, 09:14

Im going to househack a 2-4 unit SFR using an FHA loan. I am also trying to utilize the first-time home buyer down payment assistance program, but the site says they don't allow investment opportunities. If Im living in it and renting it out, is this still considered an investment property? If so, does anybody know how I can get a 3%-3.5% down payment and use down payment assistance for a househack property?

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