Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Philadelphia House hacking
I work in Philadelphia Pa. and I am required to live in the city. I am looking to purchase a duplex and live as close to rent-free as possible. Some of the multifamily properties for sale in what I would consider low-class C to D neighborhoods are asking $200,000 and up for areas, I would be comfortable living (I have lived in the city my whole life so my tolerance is a lot higher than some). I would like to go FHA to keep my out of pocket as low as possible and do some property repairs, but not a full rehab. Any suggestions on what my next step should be?
Thank you