Creative Financing in an Expensive Market

[George Sims]

Hello,

I live in market where the avg home price is 500k .The population is definitely a bit older and the area is landlocked. I was wondering what creative financing ideas would be best to utilize in this type of area . As of now ,I'm thinking of utilizing this property as my primary and House Hacking the remaining rooms. This would be my first property.

As of now my income is $5400 a month from my 9-5 job.

Here is some additional info:

-The area has next to no crime

- The schools are great

-The median house hold income is about 150k.