FHA loans allow you to purchase 2-4 unit properties with owner-occupancy requirements. Live in one unit while renting the others to cover your mortgage and build wealth.
Purchase a duplex (2 units), triplex (3 units), or fourplex (4 units) using FHA financing with just 3.5% down payment. Nevada offers great multi-unit inventory in Las Vegas, Henderson, Reno, and Sparks.
Property Types:
FHA requires you occupy one unit as your primary residence for at least 12 months. This owner-occupancy requirement unlocks the low down payment for what would otherwise be an investment property requiring 20-25% down.
Occupancy Rules:
Immediately rent out the remaining 1-3 units. Rental income from other units can be used to qualify for the mortgage and dramatically reduces your monthly housing cost. Nevada's strong rental markets in Las Vegas and Reno make this profitable.
Rental Income Benefits:
House hacking transforms your housing expense into an investment. Instead of paying $2,000/month rent with zero return, you pay $1,400/month (or less) to own an appreciating asset. After 12 months, you can move out and keep the property as a full rental investment while buying your next home.
$200K+
Wealth built in 5 years
50-75%
Mortgage covered by tenants
3 Properties
Possible in 3 years with FHA
Lowest Down Payment Investment
3.5% down vs 20-25% for traditional rental property
Tenant-Paid Mortgage
Rental income covers 50-100% of monthly payment
Forced Savings & Equity Building
Every payment builds wealth, unlike renting
Tax Deductions
Depreciation, repairs, mortgage interest for rental portion
Property Management Experience
Learn real estate investing while living on-site
Scalable Strategy
Repeat every 12 months to build portfolio quickly
Landlord Responsibilities
Handle repairs, tenant issues, vacancies (easier living on-site)
Shared Property Living
Less privacy than single-family home ownership
Higher FHA Loan Limits Needed
Multi-unit properties cost more; check Nevada FHA limits
Tenant Screening Essential
Bad tenants impact your living situation directly
Maintenance Costs
Multiple units = more systems to maintain and repair
Market Dependent
Success relies on strong Nevada rental demand and appreciation
Ready to start house hacking in Nevada?
Start Your FHA Multi-Unit LoanNevada multi-unit specialists • FHA experts • NMLS #65506
Multi-unit FHA loans have specific requirements. Here's what you need to qualify for house hacking in Nevada.
Credit Score: 580+
Same as single-family FHA (500-579 requires 10% down)
Down Payment: 3.5%
Of purchase price (higher amounts on multi-units but same percentage)
DTI Ratio: Up to 50%
75% of expected rental income counts toward qualifying (with lease or appraisal)
Employment: 2 Years History
Stable income from employment or self-employment in same field
Occupancy: 12 Months Minimum
Must live in one unit as primary residence for at least one year
FHA Loan Limits: Higher for Multi-Units
2025 Clark County: 2-unit $1,086,050 | 3-unit $1,313,350 | 4-unit $1,632,425
FHA allows you to use 75% of market rent from non-occupied units to qualify for the mortgage. This dramatically increases buying power.
Nevada Duplex Example:
With Lease in Place:
Use 75% of actual rent from executed lease
Without Lease (Vacant):
Appraiser determines market rent; use 75% of that
DTI Calculation:
Net payment (after rental offset) counts toward DTI ratio
Las Vegas, Henderson, and Reno have strong multi-unit markets perfect for house hacking. Nevada's growing population and tourism industry create consistent rental demand, especially near UNLV, downtown Las Vegas, and Reno/Sparks employment centers.
Avg Las Vegas Duplex
$450-550K
Typical Rent (per unit)
$1,600-2,000
Buy a duplex, triplex, or fourplex in Las Vegas or Reno with just 3.5% down using an FHA loan. Live in one unit while tenants cover your mortgage – the ultimate first-time buyer and investor strategy.
3.5% Down Only
Up to 4 Units
Rental Income
Las Vegas Duplex Purchase
💰 Save $1,800/month vs renting
Build equity while tenants pay your mortgage
Complete guide to house hacking in Nevada using FHA financing. Buy a duplex, triplex, or fourplex with just 3.5% down, live in one unit, and rent the others to cover your mortgage. Build wealth through rental income while living essentially rent-free in Las Vegas, Reno, or Henderson.
2-4 Units
3.5% Down
Rental Income
Mortgage Covered by Tenants
Complete guide to house hacking in Nevada using FHA financing. Buy a duplex, triplex, or fourplex with just 3.5% down, live in one unit, and rent the others to offset your mortgage. Build wealth through real estate in Las Vegas, Reno, and Henderson.
2-4 Units
3.5% Down
Rental Income
FHA House Hacking Strategy
Example Savings:
$1,800/month