Partnering on a Househack

[Uju Okechukwu]

I’m really eager to get into my first house hack but living in Los Angeles, even a 3.5% down payment is a lot of money to come up with especially for someone at my age and stage in life.

I know a couple individuals with that kind of cash in hand, interested in investing in real estate but I have no idea how to structure a partnership in a house hack deal. The cash flow goes anywhere from $0 to a little and sometimes might require some cash out of pocket every month.

If you’ve used this type of financing before, or you’re just a lot more knowledgeable than me in it, I would love to hear your thoughts/experiences 🙏🏾