Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 4 years ago,

User Stats

4
Posts
2
Votes
Nick Hudspeth
2
Votes |
4
Posts

Advice for House-Hacking in First Purchased Property

Nick Hudspeth
Posted

I am 24 years old and have a house in mind that I am looking to purchase a property and house hack. It was originally a Duplex but the last owner converted it into a single-family. I am looking to convert it back into a duplex.The kitchen in the upstairs unit was removed for a laundry room. It should be fairly easy to convert back into a kitchen, I would assume, although I have essentially zero handy-man skills (Looking to improve, however.)

The location is almost perfect and I can't believe I found a place in this great of a spot. Very Close to the nearest downtown.

For Rental purposes should I form an LLC to collect rental payments? I plan on using a conventional loan with 3% down in my name. Is this the right move? Is there anything else I should be thinking about?

Thanks in advance!