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Updated over 7 years ago on . Most recent reply

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9
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Dominique Colas
  • Mcallen, TX
5
Votes |
9
Posts

Turnkey as a House Hack

Dominique Colas
  • Mcallen, TX
Posted

Hi, my name is Dominique,

I am both new to bigger pockets and to real estate investing. I am working on trying to get my first property. I am currently working on a contract nurse, traveling the country. Right now I am a renter myself, I have good credit but not much savings. I was thinking to house hack my first property however, I am really uncomfortable with major repairs and bad neighborhoods. I also do not have a specific area I am searching for I am from Texas so I was thinking Houston but I have had trouble finding deals. I am open to other cities with good deals.

My question is weather or not working with a turnkey company is good for a house hack. I know that they are usually higher priced but they do not need repairs and are usually A-B properties. My plan is to purchase a multifamily, do an FHA loan and live in it for some time while saving up to for another.

Does anyone have suggestions or concerns . Also if you could recommend some good turnkey companies, I  would appreciate it. Thank you.

Most Popular Reply

User Stats

4,849
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3,415
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
3,415
Votes |
4,849
Posts
Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied

Dominique Colas read my post above and let me know if you have any questions. Don’t let someone tell you that you can’t househack, people are making it work in EVERY market.

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The Moorhead Team
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