Saving for/during house hack

[Will Bazile]

I am currently in the process of saving up for the total costs (dp/closing/reserve) for my first house hack. I was wondering for those who have a house hacked or are currently saving in the process, what would you recommend as the best method to save for a house hack (as in where should I be keeping my money to get the best ROI)? Planning to buy by the end of 2024. Another extension of this question that I also have is how much should I allocate from my income to save. I've been listening to a lot of the past podcasts on BP so I know before total costs, I should prioritize matching employer contribution on 401k and max out my Roth for that calendar year, but are people also allocating some of the funds to stocks (index funds) during this process (if so how much/what percentage) or strictly saving for DP. After 401k/roth, what are your allocations?

I would love to get opinions and past experiences of those in the process or who have housed hacked before. 

[Benjamin Sulka]

Will, 

I'd recommend Wealthfront. I'm getting paid 5.5% right now and it has unlimited withdrawals/transfers. It's also FDIC insured up to $250k so no worries there.

I have a portion of my paychecks deposited directly into the HYSA and just keep enough in my normal checking account to pay for my rent, student loans, credit card payments (for CC's always pay on time and in full). 

Going to explore a Roth IRA next.