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Updated over 7 years ago,

User Stats

21
Posts
9
Votes
Josh Day
  • Memphis, TN
9
Votes |
21
Posts

Best Market for House Hacking Small Multifamily (2-4 units)

Josh Day
  • Memphis, TN
Posted

My family and I are planning on using an FHA loan to house hack a small multifamily property (2-4 units) before May 2018. My job as a physical therapist allows me to pretty much work anywhere in the country, so moving to the best market should not be an issue. Our goal is to achieve financial independence through real estate investing. Cash flow is our primary goal with a market, but some appreciation would be nice. Also, we do plan on using an FHA 203K to put some rehab and equity into the property. We are currently living in Memphis, which is great for cash flow on SFH, but seems to be overpriced for small multifamily properties. Any advice on markets would help.

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