Cash flowing in a hot equity market through house hacking

[Agyei Axum]

So I’m living in a hot equity market (Washington DC) at the moment and wanted to purchase a multifamily ,2-4 unit, as my first property. The more I research and network, I am coming to the realization that they are almost non-existent unless I want to put up a down payment for 650k+. So, I’ve been researching single family house hacking and how I could possibly take that route. Does anyone have experience with hacking a single family in a hot equity market like DC? What are some factors that are playing in my favor? What are some factors that are not? Can you even cash flow or is that a question you can’t answer without seeing the numbers? (I’m guessing so) What are some factors that come into play when you want to cash flow in an mainly equity market? Cash flow would be great but breaking even with rents is my main goal. Any insight?

[Ron Gallagher]

It's definitely possible since I am currently doing it as Russell mentioned. Here's my story outlined in another forum post:

https://www.biggerpockets.com/forums/48/topics/678444-house-hacking-research-tell-me-your-story?highlight_post=4024378&page=3#p4024378