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Updated almost 6 years ago,

User Stats

6
Posts
2
Votes
Kyle Ursino
  • Specialist
  • Arlington
2
Votes |
6
Posts

Can I House Hack With A Lease Option?

Kyle Ursino
  • Specialist
  • Arlington
Posted

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.

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