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Updated about 4 years ago on . Most recent reply

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Garrett Woodham
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6
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Should I live in a single family for a year

Garrett Woodham
Posted

I’m wanting to begin real estate investing. I’d like to house hack, though I’m not sure house hacking a single family home is right for my current situation. My question is, does it make sense to purchase a single family house with 3.5% down, live there for a year, buy another and rent the first one out? Thanks in advance for the help!

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395
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Neil Schoepp
  • Real Estate Investor
  • Milford, PA
299
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395
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Neil Schoepp
  • Real Estate Investor
  • Milford, PA
Replied

Then Make It Happen.

Create a list of every duplex tri quad you would live in and start mailing letters and making calls. How about sitting in front of a tri and calling the owner and saying Hey I'm out here in front of you tri-plex over on highland in Dayton. Did you know the gutter is hanging off the roof? or that there is a bathtub in the parking lot or just saying "I'm sitting in front of your tri-plex in Dayton. It's a good looking property have you ever thought of selling?" Don't wait for it to come to you get out there and get it.

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