Newbie and house hacking

[Nicholas Parker]

So I am new to real estate investing. I have 0 doors. I love the idea of house hacking. Now I am assuming this might change per state (that is a guess) as different state protect tenants differently. With that said a lot of the multi family homes that I have looked at are already fully occupied. How do I get around that if my plan would be to live in one of the units? I live in FL. Not sure if that would change your answer or not.  

[James De Leon]

Hi @Nicholas Parker,

I had the same situation when I was buying my househack 4plex. Usually if you have to occupy the property, during escrow you should have the seller/listing agent inform the tenants of the unit you will be inhabiting that they will have to move out when their lease is over. This works easier especially if they are on month to month leases. If they are in a specified time of lease then I believe some lenders can postpone your occupancy requirement until one of the leases are up. You would just have to communicate your intentions and concerns to your team when having this situation. Good Luck!