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Updated over 7 years ago,

User Stats

316
Posts
153
Votes
Isiah Ferguson
  • Investor
  • Charlotte, NC
153
Votes |
316
Posts

is this house hacking SFR ????

Isiah Ferguson
  • Investor
  • Charlotte, NC
Posted

Hey, I'm currently renting and looking into getting in a SFR to purchase. Would it be considered house hacking if I buy a SFR and stay there for 1 year or 6 months move out and rent the property. Then ill move on to the next house to purchased so on and so fourth. or should I just get a multi-family and live in 1 side and rent out the other. ? The reason why I'm considering SFR is because my W2 JOB is a little above minimum wage. I have reserves but their really not value to traditional to take advantage of the FHA loan, correct ?

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