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Updated over 2 years ago,
Newbie House Hacking Question
Hey y'all,
I'm looking to purchase my first house hacking deal later in the year when my lease ends. Should I only be looking for properties that would cash flow when I move out and keep the property as a rental property (and ideally be house hacking another house), or is simply "getting in the game" and living for free and building equity more important? Or does it really just depend on what my goals are? I'm worried I will spend too much time analyzing deals trying to find the "perfect" one and potentially delay when I would be moving. If you think the latter is more important, do you think it makes more sense to try to be a home in a great location to hopefully have some more appreciation?
Additionally, since I know when my move out date is, how far in advance should I start working with an agent and lender?
Any advice is appreciated!