Presently, we reside on the bottom floor while renting out the top unit.

Once you get rolling make sure you take great care of your guests.

I am Yanick "Nick" Anagho residing in the DFW metro, precisely Aubrey/Little Elm area.

Unfortunately, I don't think one exists.If you exhaust your potential down payment for a future primary residence by buying a multi-family now, then ... you can't buy that future primary residence until later.If you're running the numbers, and they ain't working, then you've got your answer.

One strategy I've found that works well in the past is driving around, finding a property that is clearly a rental (a bit rundown, lawn not taken care of, etc.), then pulling the title for the properties that I find.

So you decide if you want to put it in the LLC or your own name.If you do it in your own name, and live there, you will be able to take a personal residence loan and qualify for loan programs that only require say 5% down + closing costs.

Furthermore you gotta be careful in Lake Worth there's better parts and some really rough areas.

The power in house hacking comes from two main things:- Reducing your housing expense- Primary residence financing The first one, sure I guess you could do that in some kind of commercial space.

A hard money lender won't care what your income is if you find someone willing to sell their house for a dollar right?

Investment Info:Single-family residence fix & flip investment.