All Forum Posts by: Michael H.

 I agree I don’t think this should stop one from house hacking, I’m just thinking about future plans after the first house hack property.

I am generalizing here, but would you agree that most of the time for most people it's harder to qualify for future househacks, considering the fact that most people use residential loans where debt to income ratio is probably the biggest factor in qualifying for a loan and the fact that DSCR or non owner occupied loans come at higher mortgage rates which would make most house hack deals not worth it to most people?

If you do the math, even best case scenario in househacks where you are profiting $1-2k per month, your debt to income ratio is still increasing (assuming your W2/1099 dayjob income is about the same). So when you are qualifying for future mortgages, lenders will find you less desirable because you're increasingly getting more leveraged and your debt to income ratio is increasingly getting worse. So you will likely get worse terms, if even approved for a loan. Am I missing something here or is it indeed the case that househacking makes it harder to qualify for future residential real estate?

@Russell Brazil

If you were planning on house hacking a single family house, are you able to use the future income from renting out the extra bedrooms for the FHA loan?