House Hacking a BRRRR

[Tanner Bundy]

Has anybody here ever heard of or experienced a house hack BRRRR property for themselves? Like I intend to do a BRRRR on multifamily but also house hacking one of the units. Bad idea/good idea, recommendations, or anything that could help me with this strategy? I plan to use the VA Loan with zero dollars down as well so just reaching out to the community for some help on it all. Thanks, everyone!

[Michael Paling]

This can be a great idea. Purchase a multi-family, rent out the additional units, and fix up the one you're going to be living in while you're living there. As the tenants move out, you move into their unit and fix that up. Over time, you'll have the whole thing updated. 

Or you can plan to rehab the whole property over a couple months after purchasing to have it completely updated and then charge top rents for all units. 

either way, both BRRR and house hack are great strategies whether used together or separately.