BRRR+ House Hack W/ Partnership Financing

[Zak Knox]

Hello, First Post ever on BP and very new to the REI World!

My situation: I am 22, self-employed for 3 months now (Was working part-time at Starbucks and part-time My business for a year before becoming full-time). Not much Capital, and unlikely able to get a conventional loan. Currently, live with family so living expenses are minimal right now.

My Goal: House Hack in the future to reduce living expenses. BRRR and House Hack the property. But also Cashout Refi to Pay Hard Money and Private Lender and Put towards next Property. Would like to do things in a way that I can line up a home for myself while also building capital to be able to continue REI

My Questions: 

1. Would it be possible to BRRR then House-Hack a Property, if a partner is carrying the mortgage?

2. Is it wiser to BRRR a few properties and Build Capital and cash flow before getting into house hacking? While I have the living at home opportunity.

There are so many more questions I have but we will keep it simple for now! I'm extremely eager to learn more and develop my plan for real estate investing!