All Forum Posts by: Seth Michael Carp

I am currently a high school senior and I'm currently learning and making money for an FHA loan to house hack in my sophomore year of college. I am going to be going to the University of Oregon, in Eugene. When running the numbers on pretty much all of the properties I looked at on Zillow, any multifamily options are either far too expensive or would not come close to cash flowing even after I would move out and refi. I've looked into single family for starting out, but even those seem to be a bit too expensive to cash flow after I would move out, however I've heard that prices will start to drop in the next year or 2 but I don't want to rely on people's opinions for my success. Median rent in Eugene is about 1750 and the median home price is about 482,000. Would house hacking in an expensive market still be a viable option or would another form of real estate investing be a better choice, thank you.

yeah that's good to think of an exit plan for sure, I'll spend some time thinking about it.

I have been told that in college I won't have enough time to house hack but to me it sems like a stronger option than just renting for 4 years. Any thoughts? Also was thinking about buying a condo to rent out instead of house hacking in college. Thoughts?