New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 3 months ago, 09/30/2024
House hacking in 2024?
Hi I’m 20 years old and I have recently started learning about investing in rental properties. My goal is to own/live/rent a multi-family home within the next year or two. I do not have the finances to make a down payment on any property at the moment. I plan to work and save about $25,000-$35,000 for a down payment on a multi-family property (most likely a duplex) using an fha loan. I want to know if this is a realistic plan to start my investing journey. I am worried that my property expenses will leave me in the red because of the current costly housing market.