All Forum Posts by: John Jackson

@Caleb Brown - The biggest draw to house hacking is that you can purchase a 1-4 unit property with so little down. Typically 3% to 5% rather than the typical 20%. The only caveat here is that you NEED to live in the residence you purchase for one year otherwise it is considered mortgage fraud. 

By living in one unit (you have to do this) and renting the other, you are able to live for free and likely save hundreds to thousands of dollars every month in saved rent expense, cash flow, appreciation of the property, tax benefits, and more. 

Hope this answers your question in a nutshell!