I am a complete rookie to the real estate scene, I am looking to house hack for my first residence out of college.

I have all the empathy in the world for what the people have gone through, I do, I went through a house fire.

this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

Consider financing options like hard money loans, or FHA loans for house hacking, and focus on areas with strong rental demand near the MA/NH border.

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

Hello,I purchased James Dainard’s new book The House Flipping Framework on Audible.

If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.

@Jonathan Baptiste Have been house hacking before it was a thing, 29 years to be exact.

Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).

The neat thing with TDR is that, after you've sold off the residential development rights, you still own the land and get to use it in all the same ways as before, except that you can no longer build houses on it.