I'm a guy approaching middle-age, living in Chicago.

I would like to enter the landscape of real estate investing, but the area I live in has a barrier to entry with regards to cost.

Living?

HelloMy name is Sylla,I live in the greater DMV area.I am new to real estate investing and looking to connect with any local investor.Thank you.

House Hacking Strategy: Living in one unit while renting out the other(s) is a smart way to offset your mortgage.

Live in one unit - It's a great strategy when using a bank for financing as the down payment and interest rates are more favorable to owner occupants.  

When I tried to get it when my side of the family found out and tried ti take over reverser mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

If you qualify for both (you've lived in the property long enough and it is used for investment when you sell it) then you get to take both.

I live in the greater Reston, VA area.