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Updated almost 4 years ago,
First Investment! House hack. How do I start the right way?
Hello, so I am looking to do my first actual investment very soon and have narrowed it down to looking for a single family home 3 bed/3ba that is zoned for multi family, so I can house hack to rent or AirBnb in the Tampa Bay Area. Now I have around $12k capital and my family will match it and they will help with the loan for internal work.
Now from everyone's experience, What is the right way of doing this kind of investment?
How do you look for a deal like this?
How do you find out the zoning in a particular neighborhood and how to get it fixed to zone it?
What kind of loan would be best for the lowest percentage amount down for the house and how much of the loan should be considered for internal work? Better way?
Anything else I should know before going into this? ( obsticles, tips and tricks, Wish I knew that... and etc) Thank you very much everyone!