Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Are there any pros to house-hacking a SFH as opposed to a MFH?
I know most people house-hack with a MFH but are there any pros to house-hacking a SFH that you can't capitalize on with a MFH? MFH are harder to find than SFH in most markets, especially with my meager budget. Is it worthwhile to house-hack a 3-4 bed SFH if it means I'll get my foot in the door with REI faster (assuming the numbers make sense) or is it beneficial to be patient and wait for a MFH that matches my criteria?
I was originally looking in smaller cities in TN for properties but have come to the realization that I don't really want to live in a small town in TN. I want to live in a more metro area, I've grown up in suburbia TN my whole life and would KILL to be able to bike/walk to a restaurant or bar from my house and Nashville is too expensive. I've come to the conclusion that Louisville and Jacksonville are my front runners and it seems that Jax has higher rents compared to Louisville.