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Updated about 5 years ago,

User Stats

60
Posts
20
Votes
Albertinny Colin
  • Charlotte, NC
20
Votes |
60
Posts

House hacking in the city of Charlotte, North Carolina

Albertinny Colin
  • Charlotte, NC
Posted

Hey there BP family,

I hope all is well.

I will be moving to Charlotte, North Carolina within the next month and am looking to buy a SFH or small MFH (Duplex, Triplex) using FHA, 3.5% down. I plan on living in one unit and renting the other one's out (House Hack). Ideally, I would like to cover my mortgage and live for free. Please feel free to provide your greatest insights where you see fit below: 

1) Any recommendations on the best neighborhoods to house hack in terms of vacancy, tenant quality, returns, and/or safety?

2) Who are some realtors you recommend that I work with in Charlotte as a first time home buyer? 

3) Which property type (SFH or small Multis) in Charlotte would give me the best chance to fully cover my mortgage payments and at the very minimum, cash flow?

Thanks in advance!

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