you not buy a home until you know this secret hi i'd like to buy this triplex please sure that will be seven hundred and fifty thousand dollars i'm assuming you're putting twenty percent down know i will actually putting three point five percent down with an f j loan are you crazy nope under the traditional mortgage f ha program i can purchase a house with up to four units under this loan okay sure that sounds nice but how do you plan on getting qualified for this loan i'm going to use the f ha rule seventy five which basically states i can use seventy five percent of the projected rental income to qualify for the loan the projected rental income will be coming from the two units that i won't be occupying since this is a triplex okay this makes sense in theory but what's your actual plan here well according to the fe guidelines i need to live in one of the units for at least one year and the rental income from the other two units will probably cover my payments so i get to live here for free okay you really know your stuff kid where did you learn this oh i just follow casper for all the best finance eggs