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Updated over 6 years ago,
22yr old house hacking idea
Hello all,
This is my first post here. Ive been listening to the podcast, reading, and shadowing investors for a while now just trying to learn as much as i can. I just graduated college in December and have a decent paying job in IT (65k) that will increase in the near future. I haven't moved out the house yet because i'm saving up for a possible down payment, but i still pay bills etc. A big commercial investor in DC (which is where I live) recommended that I get into the NACA program and house hack in a fourplex. What do you all think about this? The interest rate is crazy low, now down payment....and yes, I know the process is hectic but I know I can do this. Then I hear a lot of people that say screw NACA...so I just wanted to get some more opinions or routes on how to go about this. Thanks.