All Forum Posts by: Thaddeus Bielecki

What should I be looking for when finding a property house hack? Are there certain key features to keep my eye out for besides making the numbers work?

Hello, I'm a 20 year old college student and am looking to invest as soon as possible straight out of college. I found out about real estate investing over this past year and have read a few books and listened to a few podcasts. One thing that I'm a little confused about with regards to house hacking is once you have lived at the property for the one year, do you still get to keep the FHA loan even if you live elsewhere? Furthermore, if you can keep it am I able to take out another FHA loan at a different property and hold on to multiple at the same time? If so is there a limit? Also, to tack on one last thought, does an FHA loan affect your ability to do a 1031 exchange in anyway, would I be able to obtain the loan for duplex and then exchange and get another FHA for say a quadplex? Thank you for guidance on any of these and any overall starting out investing advice!