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Updated about 4 years ago on . Most recent reply

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Wasam Hawari
  • Sacramento , Ca
3
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Advice on House Hacking in San Diego, CA

Wasam Hawari
  • Sacramento , Ca
Posted

Hi BP SD Community, I am an investor moving from Sacramento, CA to San Diego, CA for work. Instead of renting, I was looking into house hacking a Multi-Family property (rent one unit out and live in the other). I prefer to rent by unit as I am not a fan of renting by room. My questions are; is it possible to find a Multi-Family property at a decent price that would make it more affordable to house hack than rent? If so, what areas should I start looking into. I appreciate the advice and help!

Most Popular Reply

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Twana Rasoul
  • Real Estate Agent
  • San Diego, CA
1,186
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1,380
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Twana Rasoul
  • Real Estate Agent
  • San Diego, CA
Replied

@Wasam Hawari  The easy answer is absolutely.  I have several duplexes that I have in contract currently and a few that recently closed and I'd be happy to give you an idea of what those look like for house hacking.  I prefer multi unit as well vs just renting out by the room, I house hack myself.  Most of the ones I mentioned above were purchased using fha loan to put only 3.5% down and a couple of them were done with conventional loans which requires minimum 15% down for a 2-unit.  Feel free to connect when you come down.

  • Twana Rasoul

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