House Hacking 1st time investor

[Anissa Allen]

Hi my name is Anissa Allen, me and my gf are currently looking to house hack our first investment property in the next few months. Would anyone be able to assist or point me in the right direction? We currently live in Los Angeles, CA and looking at surrounding areas to invest. 

[Ryan Spath]

@Anissa Allen Congrats! Have you used the BP tool to find investor friendly agents?

This could be a great starting point for you!

Also, local meet ups are a great resource to find folks in your area that are helping people achieve what you are trying to do.

[Jules Aton]

Hi and welcome! 

[Ryan Spath]

@Anissa Allen Congrats! Have you used the BP tool to find investor friendly agents?

This could be a great starting point for you!

Also, local meet ups are a great resource to find folks in your area that are helping people achieve what you are trying to do.

[Wale Lawal]

@Anissa Allen

House hacking is a great way to get started in real estate, especially in a high-cost market like Los Angeles. Focus on duplexes, triplexes, or ADU-friendly properties in nearby areas with strong rental demand. Connect with investor-friendly agents and lenders who understand house hacking, and use tools like BiggerPockets, local meetups, and online forums to network and find the right deal.

Good luck!

[Kate Sanchez]

@Anissa Allen  Congrats on starting your house hacking journey! Wishing you both success.

[Rick Albert]

Hey Anissa,

I'm a 2x LA House Hacker here in LA (and a case study in the BP Book, The House Hacking Strategy). I also own properties out of state.

Happy to discuss your goals and see what makes sense. Most of my clients are house hackers where we have been able to expand their portfolio both here and out of state.

[Evan Alterman]

Congrats on getting started on your investment journey! 

One of the first things you'll want to do, if you haven't already, is get pre-approved for a mortgage and see what home values you can start shopping around for.

[Stephanie Medellin]

@Anissa Allen I'd be happy to help answer any financing questions. There are low down payment options for multi-units when you plan to live in one unit and rent the others, starting at 3.5% down for FHA loans and 5% down for conventional loans. It's a great way to get started in an otherwise expensive market.