Looking for a 1-4 unit or other House Hack in Raleigh, NC

[Courtland Clavette]

Hi all.

I just moved to Raleigh about 2 months ago and am looking to buy a personal residence in the near future. I am looking to buy an investment property I can preferably house hack. If anyone has some advice on what would work best in the area as a house hack it would be greatly appreciated. My intent is to use this as my first investment property and grow from here.

Also, I was planning on going to the local multi family and TREIA group meetings after moving here, but they were cancelled due to quarantining. This has put a damper on my in person networking, so if you would like to connect in the area let me know! Feel free to PM me as well.

Thanks in advance and I hope to hear from some Raleigh locals!

[John Blanton]

Hey Courtland, there is opportunity out there, but as Caleb eluded to for the most in demand properties you will have to move fast. There are still some duplexes in Durham and some parts of Raleigh you can get at reasonable prices, but the lowest prices will come with having to put in some to a lot of work. Also, try looking up Triangle Dealmakers session, they are doing a virtual meeting next week, can also get you in front of some wholesalers that may have more distressed properties that could work.

I have a broker set me up on alerts so I see all the small MF come to market in the area @Tiffany Alexy give her a shout, very knowledgable of the market and house hacking

Good luck!