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Updated over 1 year ago,

User Stats

6
Posts
2
Votes
Connor Sheehan
  • New to Real Estate
  • SE Massachusetts
2
Votes |
6
Posts

Looking to househack a multifam for 1st prop. Is it a reasonable goal to break-even?

Connor Sheehan
  • New to Real Estate
  • SE Massachusetts
Posted

Hello everyone,

I am ready to begin my real estate investing journey and am looking to house hack a multi-family property to get into the game for little down payment. Is it reasonable goal to look to break even on this first investment? I've been evaluating the expected expenses for deals in my area and the numbers do not seem viable based on current rates and home prices.

Any advice or past experience with househacking via FHA on multi-families would be greatly appreciated.

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