Househacking a Creative Finance Deal

[Katlynn Teague]

Good morning BP,

My boyfriend and I are looking to Househack a creative finance deal as our first property together. We are both full-time real estate agents who work with investors and have been getting lots of deals thrown our way to review. However, we have never done a creative finance deal before. What we are looking for is a SFH with a fully finished basement. We plan to live in the basement and rent out the upstairs of the house.

Has anyone done this? What was your experience? Anything we need to look out for?