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The big caveat here is that you have to actually live in one of the units. This is commonly referred to as 'House Hacking' and you can buy up to a 4plex, I beli
by bequanna 9y ago
The big caveat here is that you have to actually live in one of the units. This is commonly referred to as 'House Hacking' and you can buy up to a 4plex, I believe.
Otherwise, barring some creative financing, you'll be putting down 20-25% of the purchase price.
- tabeth 9y agoAbsolutely right here. If you're not an owner occupant it doesn't make sense. One other reason you want to be an owner occupant, in addition to financing, is that you're closer to the action, meaning your property will be far less likely to be ruined as you respond to things way faster.