House Hacking in SoCal, anyone doing it?

[Jeremy Dube]

I posted 6 months ago, and no response. So, I am trying again. I will be buying (hopefully) a multi-family soon in SoCal. As anyone can guess, this is pricey.

Is anyone doing this?

[Lindsey Iskierka]

My husband and I️ are House-Hacking in Long Beach. We bought a triplex last October and we were fortunate enough to use his VA loan for zero down. While we are living here and improving the property, we aren’t living for free, but our tenants are paying over 2/3 of the total payment. We plan on moving out within the next year and at that point we will buy cash flow positive roughly $500 a month. Our goal is to purchase a four-plex that we plan on living in for years as our family grows. We will use the FHA loan to keep our total money to a minimum.