Raising money for my first property

[Jose L Leos]

Looking into house hacking to raise money to fund my first deal. My family of 4 live in a SFR with about 35K in equity. I'm thinking of selling and buying a 2-3 unit or do the necessary repairs to my SFR then rent it out and look for a live in flip. I'm a veteran and know there is a program similar to a 203k but don't have the fine details yet. What strategy should I use to get thing started?

[John Fortes]

@Jose L Leos thank you for your service!

Pending on the pricing in your area, you could also use the equity in your home to fund the down payment of another property. Just another idea but I believe the house hacking method may be a better alternative if the family is all on board with it.