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Updated over 4 years ago on . Most recent reply

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Joshua Hight
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Is a duplex, triplex or 4plex a good 1st time house hack?

Joshua Hight
Posted

I'm just getting started in real estate investing and came across using an FHA loan in purchasing a 2-4plex property and house hacking. I have some money saved up right now, am continuing to build my credit and learning, but don't think ill be able to afford a property just yet (in San Diego).

I  wanted to see if anyone has any advice on the matter or experience in doing this and can point me in the right direction to further my knowledge and move forward with this investment. 

Most Popular Reply

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Jenni Utz
  • Real Estate Consultant
184
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Jenni Utz
  • Real Estate Consultant
Replied

I wouldn't worry as much about how many units vs do the numbers make sense. If the numbers make sense and you have saved up enough money to purchase the property, plus have reserve money, then absolutely buy the property. One thing to keep in mind is the more units you can get under one roof, the better. 

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