Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

26
Posts
3
Votes
Michael Malloy
  • Flipper/Rehabber
  • Dallas, TX
3
Votes |
26
Posts

House Hacking multi-family in Texas

Michael Malloy
  • Flipper/Rehabber
  • Dallas, TX
Posted

I'm ready to expand my RE investment portfolio by jumping into multi-family in Texas. I want go the house hacking route and purchasing either a Duplex or Triplex with an FHA Loan to minimize my cash in the investment. I literally want to be in and out of the property in 12 months so that I can move onto the next one.

I see a lot of scattered information on this concept but haven't found anything linear to get me from A to B. Can anyone point me in the right direction? I'd like to know how to know about how to shop for it(MLS, wholesale, HUD, etc.), financing(different options and where to find a knowledgeable multi-family broker), and how to crunch all of the numbers so that I can properly vet a good deal. If there is an online guide, that would be optimal.

Could someone point me in the right direction? Thanks!

Most Popular Reply

User Stats

710
Posts
458
Votes
Kevin Siedlecki
  • Investor
  • Madison, CT
458
Votes |
710
Posts
Kevin Siedlecki
  • Investor
  • Madison, CT
Replied

@Michael Malloy - I don't have any specific recommendations for the other stuff, but when it comes to how to crunch the numbers, take a look at my blog post from a while back. This is how I do an initial analysis:

https://www.biggerpockets.com/blogs/6815/45137-my-...

Hope this helps! Reach out if you have any specific questions.

Loading replies...