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House Hacking
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Updated 27 days ago, 10/23/2024

User Stats

2
Posts
2
Votes
Gabriel Dent
  • Columbus, OH
2
Votes |
2
Posts

House Hacking first time out of parents house

Gabriel Dent
  • Columbus, OH
Posted

Hey guys Im new to REI and really life as an adult haha. I'm moving out of my parents house for the first time soon. I could get an apartment but I think house hacking would be more worth while. any tips and insight as to get started quickly or should I rent an apartment for a year so I have more time to plan? My credit is like 730

Should I start with house hacking or rent an apartment for my first time moving out?

With a 730 credit score, you're well-positioned to house hack by purchasing a duplex or triplex, living in one unit, and renting out others to cover your mortgage, but renting for a year might offer additional planning time if needed.
Sources: Theresa,Ashish,Wale

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