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Updated almost 2 years ago,
House Hacking considerations 2023
My name is Matt and I'm looking for my first true investment property. I'm currently living in the Tampa Bay area and have been in my primary residence for 10 years. I recently took out a HELOC of 150k. I've been doing my own research, networking and figuring out the best strategy to get into REI in todays challenging market. I just listened to the most recent BP episode with David Greene, Henry, and Rob and they all talked about how house hacking kick started their journey. After listening, thats the route I want to take. What are some considerations I should be aware of when house hacking? Loan type? Do I use my HELOC? Where? How many bed/bath/sqft? SFH or MFH? etc. Any and all advice is appreciated. Thanks