House Hacking
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Naca’s 5 year lien
I’m really interested in starting my real estate journey through the Naca program and house hack. However I was told, with Naca, you have to live in the property as your primary residence for 5years, and they will put a 25k lien on your property that decreases every year by 5k.
Does anyone know of a way to bypass this? I would like to do the BRRR strategy with this property and I only intend on living there for 1year, 2 years max. And yes I am aware Naca is not really an investor friendly.
Any advice?