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Updated almost 3 years ago,
New Investor House Hacking Question
New Investor here in Nashville TN and have been looking into House Hacking for my first property so I can use a FHA loan. I have found some decent houses ranging from $280k to $370K and wanted to ask if I should lean more towards a newer house that is more expensive so I can avoid more frequent repair costs, or to go one the lower end and find the cheapest livable house to try to maximize cash flow after I move out a year in? I have read that new homes tend to eat cash-flow but the market is growing so fast in Nashville that I'm not sure if that would even out in appreciation. Any input would be greatly appreciated!