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Updated over 4 years ago on . Most recent reply

Evelyn Castillo's profile image
Evelyn Castillo's profile image
Evelyn Castillo
  • from Homestead, Fl
  • Member since Oct 29, 2019
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Evelyn Castillo's profile image
Evelyn Castillo's profile image
Evelyn Castillo
  • from Homestead, Fl
  • Member since Oct 29, 2019
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Evelyn Castillo
  • Homestead, Fl
24
Votes |
59
Posts
Starting Out

The best start out strategy?

Evelyn Castillo
  • Homestead, Fl
Posted

Hey All! As a new realestate investor, would you say that House hacking is the best way to invest especially at the beginning? I am also interested in BRRRR-ing. How would I make this transition? I would appreciate any thoughts on this. My plan is small MF Homes to start. Live in it for a year and rent it out. Do that a couple of times!

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Luke Marsh's profile image
Luke Marsh's profile image
Luke Marsh
  • Property Manager
  • from Cincinnati, OH
  • Member since Dec 10, 2019
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Luke Marsh's profile image
Luke Marsh's profile image
Luke Marsh
  • Property Manager
  • from Cincinnati, OH
  • Member since Dec 10, 2019
Connect
Luke Marsh
  • Property Manager
  • Cincinnati, OH
236
Votes |
130
Posts
Luke Marsh
  • Property Manager
  • Cincinnati, OH
Replied

Hi Evelyn. I haven't done any house hacking myself, but it is definitely a popular way to start out. Doing a multi-unit on an FHA or conventional loan is a good start, while maintaining your capital. Best of luck!

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