Live in One, Rent the Rest: House Hacking with 3.5% Down

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Mortgage Research Network Podcast

Mortgage Research Network

60 episodes

2 days ago

Thinking about buying your first home but overwhelmed by mortgage news, rising rates, and confusing headlines? The Mortgage Research Network Podcast is your no-fluff, data-backed guide to the housing market. We break down the latest trends, stories, and research from MortgageResearch.com into simple, clear insights you can actually use. Hosted with first-time buyers in mind, each episode helps you understand what’s happening in the market and how to use that knowledge to make smarter decisions, from locking in a great rate to choosing the right time to buy. Empowering you with the facts, confidence, and tools to become a homeowner one episode at a time.

All content for Mortgage Research Network Podcast is the property of Mortgage Research Network and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Live in One, Rent the Rest: House Hacking with 3.5% Down

Mortgage Research Network Podcast

4 minutes

1 month ago

Live in One, Rent the Rest: House Hacking with 3.5% Down

What if your first home paid you to live there? Tim Lucas and Craig Berry break down owner-occupied multifamily—aka house hacking—so first-time buyers can turn a duplex, triplex, or fourplex into a launchpad for long-term wealth.

Entry paths: FHA as low as 3.5% down; VA for eligible buyers with 0% down; new conventional 5% down options for 2–4 units.
Qualify smarter: Lenders can count ~75% of projected rent from the other units toward your qualifying income.
Live-in requirement: Plan on 12 months in the property—then you can rinse and repeat.
Cash-flow upside: Fixed mortgage vs. rising rents, plus potential tax benefits on the rental portion.
Getting started: Consider down payment assistance or gift funds; learn tenant screening, leases, and local landlord-tenant rules.
Reality check: Expect competition from cash investors and be ready for the day-to-day of being an on-site landlord.

Read the full article:
https://www.mortgageresearch.com/articles/owner-occupied-multifamily-property/