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Updated almost 6 years ago,
Can I House Hack With A Lease Option?
Hi all,
I'm a new investor who wants to move out of their parents house. Being only 19 I don't have any credit and no money saved up. That being said I've been studying up on creative acquisitions, I read Brandon's book and other articles. I had the idea of doing the traditional house hack with finding a duplex/triplex/quad and having the other units cover my monthly expenses. Also negotiating with the owner a lease option so I don't have to come up with a huge down payment and I could choose to exercise the option in a few years or so.
Has anyone heard or have done this before? I would like to have a discussion with anyone that wants to talk about this.