Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
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 over 1 year ago on . Most recent reply

User Stats

17
Posts
9
Votes

1yr of renting vs becoming a multifamily unit investor

Terence Crafton
Posted

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. 

Most Popular Reply

User Stats

51
Posts
11
Votes
Mathios Yonan
  • Real Estate Agent
  • San Diego, CA
11
Votes |
51
Posts
Mathios Yonan
  • Real Estate Agent
  • San Diego, CA
Replied

I'd suggest you get with a bank in KC and get prequalified. I say that because once you look for a property to purchase, sellers typically want to see a pre-qualification from the bank as proof you can afford it. 

Loading replies...