Househacking in Atlanta? Is it me or is it impossible!

[LaJoi Royston]

Hello. Looking for real estate in Atlanta. As a first-time home buyer I want to househack to get my feet wet and set myself up for success. As I'm looking at the inventory it seems that this tactic can't work here. Has anyone successfully house hacked in Atlanta? Where? What type of property? I feel this method would be better somewhere like Chicago that has more duplex, tri and quads. Thoughts? :-)

[Bryan Henry]

Hey LaJoi,

I'm currently doing something like a househack with my singly family condo. It's a 2br/2ba located in the Vinings area that I bought back in October with an FHA loan. I only had to put down about $8K after all closing costs. My mortgage is $940/m and I have a tenant paying $900/m, it's pretty awesome. I'd say the only thing about condos is the fact that you have to pay HOA fees, which is about $340 for me. Still worth it though, I was splitting $1400/month before in a 2br/2ba apartment.

Let me know if you want more details and/or connect!

Good luck in your real estate journey.

Bryan