Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
House Hacking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago,

User Stats

31
Posts
29
Votes
Will Bazile
  • Massachusetts
29
Votes |
31
Posts

Saving for/during house hack

Will Bazile
  • Massachusetts
Posted

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. 

Loading replies...