House Hacking with Multifamily

[Spencer Meng]

Hello everyone,

I am new to real estate and am currently trying get my hands on my first deal, however, I am torn between two pathways. I am wanting to move out of my current residence, and because of other benefits such as the experience I'd gain and the access to a low downpayment, all signs point to house hacking. However, I know I eventually want to move into multifamily and apartment investing/syndications. Additionally, I am already on a mentorship/education program for multifamily (syndications) and I already have an LLC and business set up for this strategy in real estate. I know most residential lenders won't lend to an LLC so my question is should I just house hack the way anyone else would, using my own personal financial status and name, my own funds for the downpayment, and put the multifamily entity and principles aside for now. Or, should I stick to my multifamily (5+ units) route but just live in one of the units, if thats even possible?

Thank you guys in advance!