FHA’s New ADU Underwriting Guidelines
A Bright Future for Renters-turned-Investors through FHA’s new announcement for ADU income. Attention, Millennial and Gen-Z renters! If you’ve been eagerly waiting for a window of opportunity to delve into real estate investment, now might just be your time! With the new FHA underwriting guidelines for ADU financing, you could find yourself taking advantage of […]
The Magic of House Hacking: A Duplex & FHA Mortgage Combo
Ever fancied the idea of someone else making half your mortgage payments? No, we’re not delusional. And yes, it’s a genuine possibility. Let’s dive into a clever, yet completely achievable, strategy to get the most out of your first home-buying experience in 2023. The Charm of a Duplex For the uninitiated, a duplex is essentially […]
Best House Hacking Strategies and Tools from local Mortgage Company
House hacking is a real estate strategy that involves purchasing a property, and living in it, while also renting out a portion of the property to generate income. There are several ways to approach house hacking; some common strategies include: Purchasing a duplex or triplex and living in one unit while renting out the others. […]
