My First House Hack… Any Advice?

[Christian Sabatini]

I am on on the search for a house hack. This is my first ever investment and I’m really just seeking some pointers, advice, and/or strategies for what I could do.

I'm planning on using an FHA loan and putting 3.5% down and running use this as my primary residence for a year, until I turn it into a rental and buy another house hack.

I have some general questions, but I am open to any advice, pointers, etc.:

- What does the process of converting a house hack to a rental look like?

- What would be some strategies for building equity through rehab - I’ve understood that doing cosmetic rehab doesn’t build much equity - if possible?

- Am I missing anything?

Thank you so much!