In this episode, Vekevia Tillman-Jones breaks down the real guidelines behind owner-occupied loans so you can build wealth without accidentally crossing a line. From the one-year occupancy rule to the differences between FHA and conventional loans, she explains what lenders actually mean when they say you must “live in the property.”

If you want to house hack the smart way and avoid costly mistakes, this episode walks through the key rules every investor should understand before buying.

“Owner-occupied simply means you actually live there as your primary residence.” — Vekevia Tillman-Jones

In Episode 89, we cover:

🏠 What does “owner-occupied” really mean to lenders? [00:01:12]
🏠 What is the one-year occupancy rule and how strictly is it applied? [00:02:17]
🏠 How do FHA and conventional loans differ for house hacking? [00:03:06]
🏠 When can you buy another home and keep the first one as a rental? [00:05:13]
⚖️ What counts as occupancy fraud and how can you avoid it? [00:06:04]

Quotes

“Owner-occupied does not mean you cannot rent out part of the property. That is exactly why house hacking exists.” — Vekevia Tillman-Jones

“House hacking is a long-term wealth strategy, and understanding the rules protects your future self.” — Vekevia Tillman-Jones

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The ReaL Life Planning Podcast is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering.

Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.

Owner-Occupied Loans, House Hacking, and the Rules You Need to Know