1st potential hack, advise requested:

[Jeremy Marquez]

I want to buy my 1st property and house hack it, preferably a 3 or 4 unit in Sacramento. 

There are many 2,3, & 4 units. 

Advice from those that have experience with hacking successfully or otherwise...

How did you finance the acquisition?

Did you wait until the perfect 1, or just 1 that came up that would work?

Are your rents covering your mortgage?

How did you fill the units? Traditional rent, str, family, friends?

ANy other pointers or tips are welcomed...

I am thinking I come in cash and private, then add a little sweat equity then refi within 6 months of acquisition.

I am thinking private and cash as I don't think I qualify, if you do loans maybe you can advise here, for FHA due to self-employment, not having 2 years of w-2, and other reasons.

When I refinance out of the private loan(s) it will be with a guarantor (Mom or sis)... Mom is part of the business...

I plan to rent a unit to sis & mom if they need it...

Thanks