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Updated almost 6 years ago,
How to house hack in a hot market?
After hours of researching and trying to decide how to get started in real estate I’ve came to the decision that house hacking is the first step I’m going to take.
The problem I’ve been running into is the lack of inventory in 2-4 unit properties or the sky high price tags on these units. I’m looking to stay around $225k or under.
I live in Metro Detroit (Oakland County) and it seems like the market is slowing down a tad compared to the last few years when prices were rising off the charts.
Doesn’t anyone have any recommendations on how to find off market properties or should I look outside this area?
If anyone has any experience in this market please share your thoughts and/or experiences.
Thank you,
Nathan