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Updated about 9 years ago,
Getting started! House hacking.
Hello all. I've been listening to lots of podcasts and I really want my first taste of investing to be house hacking a multi family. I am not ready to get started yet but I have been looking of sites like realtor and Craigslist to see prices in my area.
I live in the east bay and it seems like rent is really expensive but if I were to calculate 1% of the prices these units are selling for, that's a crazy amount to charge for rent! What's a good range to look for in the east bay?
Also, since I AM just starting out, what would be the best way to finance a small multi family?