The house hack is using the fact that your income will approve you for a single family home, but instead you use it for a duplex (which Freddie and Fannie consider a single family home for loan purposes), utilize anything you can to get as low down as you can, and then buy a duplex that needs some sweat equity - which you then put in, while renting out half for hopefully enough to cover the mortgage payment or close to it.Can you clarify this? I'm not sure I understand. What would be the distinction between a transfer and a duplex hack?
A transfer raises issues with the existing loan; and presumably the house is already rented and repaired.
IF you want to be a landlord, I'd suggest instead looking at the house hack option with support and maybe even gifts from dad, but not the entire house (especially the complexity of it being effectively owned by a group) - or look at being paid to manage the existing property.
Statistics: Posted by bombcar — Sat Feb 21, 2026 5:16 pm — Replies 17 — Views 482