Househacking in the Philadelphia area

[Kyle Owen]

Hello! I am looking to purchase my first investment property using the househacking method. The goal for starting out is to find a 2 or 3 unit property and to live in one of the units. I am looking to use an FHA 203k loan to purchase the property. Any advice for a first time househacker/real estate investor would be much appreciated! I would love to be able to execute this within the next 3-5 months. Does it make sense or is it even possible to combine the househacking strategy with the BRRRR strategy?

Thank you!