Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Posted 10 days ago

How to Use an FHA Loan for House Hacking

If you want to house hack but don’t have 20% down, the FHA loan might be your ticket in.

This government-backed loan program lets you buy a 2- to 4-unit property with just 3.5% down—as long as you live in one unit. That means you can rent out the other units and offset (or completely cover) your mortgage.

Why It Works for House Hacking

  • Only 3.5% down (on properties up to 4 units)

  • Flexible credit score requirements

  • Rental income from other units can help you qualify

  • You’re treated as an owner-occupant, not an investor

Basic Requirements:

  • Must live in the property for at least 12 months

  • Property must meet FHA appraisal and habitability standards

  • Loan limit varies by county (check yours)

Pro Tip:
Many first-time buyers don’t know you can use FHA for duplexes, triplexes, or fourplexes. If you can find a property that cash flows—or breaks even—you’re building equity while your tenants help pay the loan.

Final Thought:
The FHA house hack is one of the few ways to buy investment-grade property with almost no money down. Use it wisely, and it can be your launchpad to financial freedom.



Comments