Multifamily House Hack

[Radhika Paliwal]

Hi Everyone,

I recently got a new job that

allows me to live remotely in any part of

the country. I wanted to make the most

of this opportunity and invest in real

estate. So far, I have 1 turn key investment

property but I've been living on rent and

my lease just ended. With the flexibility,

I'm wondering if any of you have any

guidance on the best markets for duplex,

triplex, and quadplexes so that I can live

in one of the units and rent out the others

to long term tenants. I'm hoping to use

the house hacking strategy and put down

3.5% down using the FHA loan. Ideally I'd

love to have a great cash flowing triplex

or quadplex property in the $200k-$450k

range. Looking for advice on what markets

to look into!

Thank you and greatly appreciated!

[Joshua Janus]

Columbus, Ohio would be a great place to find a multifamily property in that price point and would be a hybrid mix of cash flow and appreciation. This is what I am doing early 2022 and know plenty of others in the area that do as well. It's a solid area to take advantage of the population growth, capital investments into the city and the companies that are moving here.