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Updated over 4 years ago on . Most recent reply

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4
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1
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Dale Jiang
1
Votes |
4
Posts

Plan to house hack in about a year, need advice

Dale Jiang
Posted

Hey all,

I am new to BP and have recently been reading The House Hack Strategy.

I am in graduate school and possibly graduate in August 2021. Currently, my wife and I are renting apartment off campus.  

We plan to house hack a multifamily property when I graduate and move to somewhere else. Right now we are not sure where we will move to.

We are most likely to stay in Texas, so we hope to move to cities like Houston, Dallas, Austin, etc.

So lets say I graduate in August 2021, when should we start contacting potential lenders, real state agents, etc. ?

Thanks a lot!!!

Most Popular Reply

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133
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78
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Jarred Sleeth
  • Investor
  • Austin, TX
78
Votes |
133
Posts
Jarred Sleeth
  • Investor
  • Austin, TX
Replied

As a lender, I agree with @Ned Carey (Hi Ned!) @Jordan Moorhead and @Jacob Pereira here. A lender relationship can surely start any time, and the right one will help guide you into the direction you need to successfully secure the financing and can even help you determine if the deals you are looking at are worth pursuing. 

A great agent can do the same, and if you can find one that specializes in House-Hacking specifically (hint: @Jordan Moorhead) you're going to go far!

Welcome to BP and if you make it to Austin, please reach out! I'd love to connect. 

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