I am in the military, and wanted to live in the house (house hacking) while it was being rented.

House hacked for a year and then moved out to rent out all the rooms.

We've been reading up on house hacking and have been considering selling our SFH and buy a duplex / triplex in SF Bay Area so we could live in one, and rent the other unit(s).

Purchase price: $225,000 Cash invested: $6,192 House hack duplex in St.

Anything helps.Also, can you brrrr a house hack? 

I have spent the last month learning about the possibility of using the FHA and hacking into a multifamily property.

Will you house-hack or do you have some cash you can use as a down payment? 

I work with a lot of people in a similar position and also invest heavily in index funds which is how I financed my 4 unit rehab that I house hack.

OK quick advice so I'm refinancing my duplex I've only owned it for almost one year, The real estate market is hot out here in North Idaho the home gotta appraised for 100 K more than purchase price They only give you 80% of the appraised value with a cash out refi , I was hoping for more but they're only willing to give me 17k at the closing table, It will raise my mortgage $200 monthly from 1880 to 2080 Since I'm house hacking The $1400 for rent on the other side supplements my income Which leaves me not having to pay too much to cover the paymentI've been going back-and-forth, but I really need to pay off $17000 of credit card debt It will raise my credit score significantly at least and then I'm thinking 6 more months down the road I can move it to a conventional loan or take a take advantage of FHA Program that lowers my interest rate if I have a good credit score to lower my payment right back downMy credit card bills amounts to 490 monthly( This is just the minimum payments) If I do Go through and take this to the closing table I will be saving $300 a month instantly By having to not send out 490 monthly in cc bills although my mortgage will go up $200 should I go through with it or try to plug away at the cc debt for the next year !?

I’ve done a little research on house hacking and I think that might be a path for me but I have no idea how to start and how to get a contract setup.