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Updated almost 5 years ago on .

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Chad Fenton
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2
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C-19 caught us in the middle of a big move

Chad Fenton
Posted

My wife and I are in the middle of selling our home and a flip we did and moving to another state. We are fairly new to re investing. We currently have a duplex and the two homes previously mentioned. In our move we would like to house hack on a triplex but are not sure if we should get the property under contract or wait to see what the next couple of months bring. The property is brand new not even completed yet and the area rents really well. Unfortunately the cap rate is about 6.5. Our cocr is good because we would be getting an fha with 3.5% down. We try to get advice from local agents but feel like they may be persuaded a little in one direction. We would love some help from someone with more experience and knowledge.