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Updated about 2 years ago on . Most recent reply

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16
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4
Votes

House Hacking SFR in LA county

Zachary Shelley
Posted

Hello everyone! I'm considering house hacking a SFR with my VA loan in LA county by renting out individual rooms and was wondering if any of you had experience at doing this in the past? I'm currently single with no dependents and rent a house with some friends, but am exploring all my options going forwards. Any advice would be great! Would be happy to connect and hear about anyone's personal experience.

Most Popular Reply

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482
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Matthew Kwan
  • Lender
  • Seattle, WA
766
Votes |
482
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Matthew Kwan
  • Lender
  • Seattle, WA
Replied

I did FHA with 3.5% and was able to land a triplex. There are multiple ways to strategize your first deal however make sure the number works. If you're bleeding cash on your first house, it would lead to a nightmare and maybe will keep you away from the RE game. You should try reaching out @Albert Bui or @Carlos Valencia as they both are in OC so if you need any guidance to start your house hacking journey feel free to reach out.

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