House Hacking Multifamily in Los Angeles

[Keith Washington]

So my real estate story is simple. I jumped into wholsaling and found enough success in it to quit my W2.

I lead a minimal lifestyle. One where I look after my grandparents while they help me to avoid LA rents and crazy mortgages. 

This works for as I'm single and I dont have children. 

But my goal is to retire through real estate investing and I believe the next step would be house hacking a multifamily.

The tricky part is that I would like to stay in LA ...and because I'm not working a 9 to 5, I dont think I would qualify for an FHA and a 203K loan. [Especially during these times]

Do private lenders lend on multi families in LA? 

And if you're a house hacker who now owns a 4 unit in Los Angeles...I would love to hear your story. 

What part of town is ideal, how did you acquired the loan and what did the numbers look like including cash flow.

I would imagine that most responses would have me move to the midwest, but my grandfather has dementia so staying here is essential for now.

Your thoughts and responses are greatly appreciated. 

Thanks