First home as a house hack

[Christopher Vrondran]

Hello everyone!

I moved to Grand Rapids about 3 years ago and am ready to buy my first home in the area but would like to do a house hack. I would like to continue investing in the area using the BRRRR method and buy and hold after this house hack. I am married and we have a daughter so don't really want to do renting of rooms. I got pre approved through Consumers Credit Union with a 0% down, no PMI at 3.99% APR for $250k. The only down sides of it are that it can't be any more than a duplex and has to be on less than 5 acres.

Also, currently looking for a realtor. If anyone has any recommendation on one, I would appreciate it very much!

[Sean Sloop]

Welcome to BP @Christopher Vrondran

I currently house hack in Grand Rapids and its definitely the best thing you can do to fast track your financial position! I think 250k is definitely possible to find a house hack. 

As far as the BRRRR method, I think House Hacking will allow you to build up a roster of contractors for when you are ready to dive in. Many GR Investors are active in Muskegon, Lansing, and Kalamazoo as well. I currently BRRRR in Lansing myself.

I am happy to answer any questions you may have regarding the process!

Thanks, 
Sean