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Updated about 1 year ago on . Most recent reply
![Terence Crafton's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2551303/1699492934-avatar-terencec30.jpg?twic=v1/output=image/crop=1080x1080@0x690/cover=128x128&v=2)
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.
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![Mathios Yonan's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2678933/1709780815-avatar-mathios.jpg?twic=v1/output=image/crop=1054x1054@63x0/cover=128x128&v=2)
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.