First-investor interested in house hacking in St. Augustine, FL

[Seth Donnelley]

Hello everyone!

My name is Seth, and I decided to join the BiggerPockets forum this year as I am looking to purchase a single-family home to house hack later this year. I am currently in Jacksonville, FL, but my preference is for downtown St. Augustine (mainly King St or surrounding blocks, if you're familiar with the area), or Jax Beach / Atlantic Beach area. I am also open to considering opportunities in the Riverside / Five Points neighborhood, or San Marco, in Jax.

Ideally, I would like to find a livable property with 3+ beds / 2.5+ baths, make use of FHA to purchase, and rent out 2+ rooms while renovating into separate, complete units. However, I am also considering duplex and tri-/quad-plex assets if they pencil.

Additionally, I currently work for a locally-based commercial developer/lender on multifamily, land, and some hospitality projects. If you have a deal in the Jax area that might be a fit, I might be able to connect you with someone who could help.

Thank you!

Seth

[Jaren Woeppel]

Hey, @Seth Donnelley

Welcome to St. Augustine!

House hacking is one of my favorite investment and wealth building strategies. I have personally house hacked for over 10 years and continue to do it to this day, right here is St. Augustine!

There are many ways to house, and even more way to plan for the future with 1031 exchange and Primary Residence strategies!

If I could ever be of some help in the process or want to discuss specific areas of town and investment analysis, please reach out!