House hacking in New York

[Brad Haughton]

So I'm watching a video on YouTube right now about house hacking but I think that I said in this video every time you house hack is like a substantial upgrade not a downgrade is that true when it comes to house hacking or is it like a 1031 exchange where you have to buy a house that's better than the previous house kind of like that I'm thinking of doing house hacking in New York up to maybe 10 multifamily units and then start branching off to something else like obtaining Apartments and maybe consider developing my own house I don't know just thinking idea in my head but ultimately I like the idea of doing house hacking. Any knowledge or Insight information you can provide will be greatly welcome regarding how house hacking work and I'm definitely thinking of going with the FHA loan for the house hacking idea for the multi-family side of housing.