New Investor in Boston Area Looking for House Hacking Advice

[Mohammad Fanaei]

Hello BP Familly:

I am a first-time poster and long-time lurker of the BP forums and have been reading and educating myself using the BP resources for the last year. I've been listening to as many episodes of the podcast as I can and am currently working through Brandon Turners's The Book on Real Estate Investing.

I currently live in Philadelphia and have recently accepted a new job in Boston with a start date of September 1. My plan is to start house hacking at the same time that I move to Boston and use this transition to jumpstart my investment in real estate. I have saved about $100K in cash and would like to buy a duplex with a 5% to 10% downpayment and an FHA loan for financing. The best option would be to buy a side-by-side duplex, each with 2BR and at least one with 2BA. My plan is to rent one of them, live in the other one, and use one of the rooms in the one in which I will be living as a short-term rental (i.e., Airbnb).

I am looking for an investor-friendly real estate agent in the Boston area who is willing to work with me in this process. I would also like to get to know other members of the community who might have used a similar approach either in the region or anywhere else to learn from their experiences and connect with them as like-minded investors.

I appreciate the great community on the BP forums and look forward to getting to know your stories, learning from your experiences, and connecting with you more. Thanks for keeping the community strong!