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Updated over 1 year ago on . Most recent reply
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New Investor looking to house hack Small multi
Greetings to all. I am looking to house hack in small multi 2-4 unit. I currently moved into a room from a 1 bedroom apartment just to cut expenses which was a huge sacrifice but surely important! I have already been pre-approved and have lenders. I am also looking to use the 203k loan if needed in a property that has add-in value which im seeing is the majority of multis here. The reason why i am posting is because i know i need to start networking & opening some doors & hoping to connect with anyone who has connections to off-market deals or even any advice. As i see we all start somewhere. Any feedback would be greatly appreciated & thank you for taking the time to read !
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- Real Estate Broker
- Houston | Dallas | Austin, TX
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@Louie Mikros House Hacking is a great way to start and as you already know, you need some guidance.
Below are simple guidelines to follow
1. Decide where you want to buy
2. Get hold of a great investor real estate agent (Make sure they invest as well)
3. Connect with an investor mortgage lender to get a pre-approval letter
4. Start house hunting
5. Make offers
6. Close on the property and House Hack
7. Repeat the process again after 1 year or when you are comfortable.
Free free to send me a DM and I will point you in the right directions.
Thank you
- Wale Lawal
- [email protected]
- (832) 776-9582
- Podcast Guest on Show #469