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Updated about 1 year ago,
1yr of renting vs becoming a multifamily unit investor
I know by the title it's really a super no brainier!
I'm currently located in Texas about to relocate back to Kansas City Missouri 12/26/23.
I'm desperately wanting to house hack with a 4-plex but I'm not sure if I'm able to afford it or qualify. Thus the reason I feel I may have to rent for a year until I can make sure I'm in a better position to win.
I need help. I guess starting with finding out if I'm on track towards passive income. If not, then I'll need help to find a place for 12 months.
Any help or advice will be very much appreciated. Thank you for your time.