I am looking to start my journey anywhere from Cincinnati to Columbus, OH My plan: I plan on purchasing a 3-4 unit property and house hacking one of those units for about 12-18 months.

Purchase price: $158,000 Cash invested: $35,000 Sale price: $250,000 This was our first house Hack that we added value to.

The way I see it, a brand spanking new duplex wouldn't be the smartest deal because of the high purchase price and you'd likely not cash flow, if not be in the negative.

Then when you see a lead you like purchase the individual lead.

Hi Everyone, I am purchasing my first SFH, and I plan to live there for a year and share 2 rooms with 2 other tenants, to reduce the cost.

I did some research using Zillow and realtor.com to see if there’s over saturation, average prices for purchase and average rent.

This can sometimes bypass the LLC restriction, although terms may vary.Refinancing after Purchase: If you initially purchase the property under your personal name and then transfer it to an LLC, you could explore refinancing options post-transfer.

Likewise, there was a 5% down option with Fannie Mae’s HomeReady product when purchasing a duplex.

My wife and I purchased a home in the Seattle area back in 2018.

Here's how you can structure it:Contingency Clause: Include a clause in your offer that states the purchase is contingent upon securing a lease agreement with a tenant within a specified period.Time Frame: Define the time period within which you need to find a tenant.