I have saved up enough money to buy a house in the area I live. I have decided I would like to house hack a townhouse in the area. I have the criteria I'd like and have started applying for loans. My question is do yo...

I helped a house hacker client earlier this year get a good deal (purchase price below appraised value + $3,000 in seller paid closing costs) on a turn-key SFR in Edinburgh Gardens. 

I recommend house hackers to try to get detached units. 

Not to mention the house hacker avoids throwing money away on rent every month. 

If you want to build a rental portfolio you need to defend your cash, and that means taking advantage of the lower down-payment (3% & 5%) loans available to owner occupants and house-hackers. 

I put together a spreadsheet here to help potential house hackers quickly analyze whether or not a property qualifies.There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets.

Lawrence and I both played football and roomed together at GFU and now we still team and work together in Newberg and further south in Oregon to help house hackers and investors.

Its a different game for us " house hackers" and Ive just noticed that there are a lot more options in Albany.

Hey Crystal,I'm a 2x house hacker here in Los Angeles and a case study in the House Hacking Strategy book published by Bigger Pockets.What you want to do is doable but there are some nuances you need to be aware of (rent control, tenant occupancy etc.).

I think we will experience a shift in inventory that will help house hackers get closer than before toThe ROI Goals investors like.