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Updated about 3 years ago on . Most recent reply

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Vandana R.
2
Votes |
13
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Want to do House Hacking but not possible where I live

Vandana R.
Posted

Hi so I’ve been searching for a home I can house hack in within my pay range for about a year now in Seattle. It feels impossible so was thinking about what if I just got into my first home like even a super affordable condo or townhouse just so I can stop paying rent to my landlord and then in a year maybe rent it out and find something better etc where I can maybe do the house hacking.

My question is if I can’t do house hacking and I want to live in Seattle is the next best thing just try and get my own place so I stop praying rent? Thank you in advance.

Most Popular Reply

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Michael Haas
Agent
Pro Member
#5 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,260
Votes |
706
Posts
Michael Haas
Agent
Pro Member
#5 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

@Vandana R. - we're on our 4th HouseHack here in Seattle, and looking closely at our market I think its once of the best in the country for the HouseHacking strategy. If you share your price point I think we'll be able to give more helpful advice about whether HouseHacking or buying a condo/townhome would make the most sense.

I've helped clients secure Single Family HouseHacks from $380k - $1,400,000; the strategy is really flexible, and I think if you have a high enough pre-approval to be looking at Townhomes there's a good chance that the pre-approval is also high enough for a good househack. Don't give up!

Happy to talk about your options 1-1 as well if you're not comfortable sharing $ amounts in the forum - just shoot me a message if so. Cheers!

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HouseHack Seattle
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