Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

69
Posts
41
Votes
Mike Bean
  • Worcester, MA
41
Votes |
69
Posts

ISO House-Hacking/ Multi family rental information

Mike Bean
  • Worcester, MA
Posted

I've been reading books on real estate for over a year now and really started to get more serious about educating myself pretty recently. I'm a recent college grad that just started working in Boston. My goal is to successfully house-hack a property to the point where I can live for free while building equity in a property. Unfortunately right now I don't even have enough saved for a 3.5-5% FHA down payment since I'd be an owner occupant.

It's not that I feel like I've hit a stand-still, because I'm still learning a lot of new material everyday. However, I'm at the point where I feel like I generally know enough on how to house hack but:

1) I lack the capital necessary for a down payment

2) I lack the experience of going through the process and dealing with tenants/ lease agreements

Any suggestions on financing a deal like this and/or gaining experience?

Most Popular Reply

User Stats

67
Posts
43
Votes
Matthew Roder
  • Lender
  • Chicago, IL
43
Votes |
67
Posts
Matthew Roder
  • Lender
  • Chicago, IL
Replied
@Mike Bean (1) save money (2) just do it

Loading replies...