Looking for House Hack Partner for NACA loan in Los Angeles

[Brooke Villanyi]

Hey guys!

I've been doing a ton of research and trying to get started in investing. I was interested in potentially house hacking a SFR or MFR in Los Angeles, most likely in Inglewood area next to new Rams/Chargers stadium. There is likely to be much appreciation in the area over the next 5-10.

I'm thinking of trying to do the NACA loan route, as they do not charge PMI and you can do 0% down if you choose. I know there are many hoops to jump through, but I'm throwing away a lot of money each month on rent, so I think it's worth it.

I'm putting this out there, on the off chance that there is another beginner investor out there in LA who hasn't purchased their first property yet (part of NACA qualification is that it is your only property at time of purchase) and is interested in trying to house hack here.

** Once you have the NACA loan, they don't restrict you from buying other properties.

Feel free to reach out, would love to chat and see if I can find a like minded individual to get off the ground with.

Thanks,

Brooke Villanyi