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Updated over 1 year ago,
Choosing how to finance my first house
Hey Everyone!
I have recently found that I want real estate to be my primary investing option. My first step is to buy a house and I want to house hack by purchasing a home and having my friends live with me. They would pay me rent, which would pay for the mortgage. However, it is hard for me to finance a house independently at 22. I am a full-time student with a full-time job and am saving as much as I can. Should I cut my friends in and they can help pay a down payment? Would this even make me money in the long run if I just had to pay them back?
Does anyone have any advise?
Thank you!