Just introducing myself

[Tony Rice]

Hello everyone. My name is Tony Rice, I currently living in Port Saint Lucie Florida. Im 38 and have two teenagers. I’m a plumber by trade. I own no real estate as of yet. But my goal is to buy by Dec. 2021.

[Kristina Kuba]

Tony,

I would highly recommend house hacking a 4 unit. Perhaps your teenagers can live in a separate unit.

Just a quick FYI on the house hacking if you didn't already know:

Occupants get the best financing terms – Owner occupant financing has lower interest rates and more attractive terms than investment financing. If you keep the property as a long-term rental, this is a huge benefit because you can keep the owner-occupied loan in place even after moving out.

Small down payment as low as 3.5% on FHA

Smooth transition to rental properties – When you live in a 4 plex, you get to know it well. You also get to know the type of tenants your property attracts. So, once you move out you will have an increased comfort level with the property and your tenants as a landlord and then you can really get your investing career started!

Best of Luck!

Kristina Kuba

Keller Williams Tampa Central