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Updated about 8 years ago on . Most recent reply
House Hacking in NC, Collage student starting out
Hi, I was looking into house hacking as a way to start my investing career, any advice or tips would fantastic. I reside in North Carolina, Thanks!!
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Hey Fabrizio, I'm a REALTOR ® in Kannapolis, NC. My advice would be to first figure out where your money is going to come from. I would start talking to small local banks in NC i.e. First Bank, First Citizens, F&M. Tell them what you are looking to do and let them tell you the best way financially to go about it. I use a bank to buy my "buy & holds" and I like it. Private or hard money can come with a lot of strings and can be very expensive.
Also may want to tap into relatives to see if they want part of the action. Let them front the money and you take care of the property.
Let me know if you have any further questions. I think you are on the right track!