Hi Everyone, As everyone seen my last post, I'm new to real estate, but I’ve been doing a lot of reading, listening to podcasts, and trying to learn as much as I can. House hacking is one strategy that really interests me, but I’m honestly a little lost on where I should actually begin. Other tha...
Asking a random question. Has anyone ever borrowed a portion of their 401k plan through employer, to acquire an income producing property for a house hack? Is it a smart decision or bad one?
Looking for advice to analyze a house hack deal. What is the best method to use when looking for a deal. I’m currently in the process of aquiring a duplex in Bellefonte Pa that was built in 1890. Rents are 1,000 per month. Im buying it for 155,000. Interest rate 3.7% However the underwriter is be...
Hi, my names Emily. I'm 25 from central New jersey (mercer county area). It's a pretty expensive market. single family houses go for average $450k. I've been working my first 9-5 for little over 1 year. I bring home $3,700 a month and i'm putting $2k a month towards a down payment and $500 toward...
Hello, I recently purchased my first house hack in Indiana! Are there any house hackers in Indiana hanging out here in the forums? I’d love to connect!
Hey everybody, My wife and I live in NYC and are likely planning on moving in about a year or so. At that time we'll have about 70-80k saved up. We have family in Texas (San Antonio) and lived there before. My wife is really against moving back to San Antonio but loves Austin, but also would be o...
Hey everyone — I’m Cade, 22 years old and a recent Indiana University graduate. Over the next year, I’m looking to purchase my first small multifamily property in the Louisville market and house hack it by living in one unit and renting out the other. Right now, I have very little in monthly expe...
I am looking at buying my first house hack very soon. In thinking through the process I was hoping to get some advice on the best way to accept payment from tenants. Does it make sense to establish an LLC and take all payments through that company? Is there any benifit to that? If I am buying the...
So I've been wanting to invest in real estate for about 2 years now. I've listened to audio books, podcasts ect. I've decided for my first property I'd like to do a House Hack and buy a small Duplex. And I figure that getting a FHA would be the right move. I've saved up a total of 5k for a down p...
Hi, I'm 18 years old and a senior in high school. I'm new to the BiggerPockets website and forum. I'm choosing to not go to college next year because I don't believe it takes a degree to become financially independent with real estate. I want to gain experience and get involved with real estate. ...
So I bought my first house hack febuary 2025, I put down 10% on a $380,000 duplex because at the time, that's the lowest amount my mortgage broker said I could put down. (Full context I have great credit 780-800) now I know with the house hacking strategy, you have to occupy a unit for a minimum ...
I'm a mortgage broker, and the call I get most often from people selling a house goes like this: they found the next property, applied at their bank for a HELOC to cover the down payment or carry two places for a couple of months, everything looked fine, and then underwriting noticed the property...
I’m a first-time buyer in Connecticut trying to decide the smartest way to get into real estate. I’m a single father with a young child, so renting out bedrooms to roommates isn’t something I’m interested in. If I house hack, it would need to be a multifamily where my child and I have our own pri...
Hi to awesome community of RE investors and (under appreciated) support systems! Need your help with the advice. I own a paid off single family house in the suburbs of Hartford, CT and I have been house hacking for over 2 years. A few months ago I gave my home insurance policy document to an AI m...
Hello, I’m a 23 year old living in the Metro Detroit area looking to get into investing. House hacking is what seems like the best plan of entry. I would want to do a small multi family, live in one and rent out the other(s) I graduated college in May 2025 and moved back in with my mom. She does ...
My wife and I are gearing up for our first house hack in Tennessee (sequential owner-occ strategy, alternating loans between us). Newbies, want to learn from folks who've been through it rather than trip on rookie mistakes. Few areas we're stuck on: 1. Buy-in from partner/family — how'd you get a...
Could I buy a duplex as a second home and do a house hack light to satisfy the 2nd home occupancy requirements - while doing MTR with both sides of the duplex? I'm looking to start investing and want to maximize my $120k stack to ensure I can scale in the next few years.
I’m looking to purchase a duplex in Northwest Arkansas with my father. The plan is for us to purchase it together, I would live in one side and rent out the other side. We’re both planning to be on the loan/title in our personal names — not through an LLC. Here’s where I could use some advice: Ou...
I'm a rookie investor looking to purchase my first property in Chicago IL. I've got my certificate of eligibility from the VA, and would like to househack a 2-4 unit building. I'm a trained commercial interior designer and so is my gf, and I currently do business development for a local firm. My ...
I’m looking to purchase a duplex in Northwest Arkansas with my father. The plan is for us to purchase it together, I would live in one side and rent out the other side. We’re both planning to be on the loan/title in our personal names — not through an LLC. Here’s where I could use some advice: Ou...
Hey BP Fam - My Father and I are buying our first investment property and were set on getting a Duplex. Market: Atlanta Metro (open to Marietta/Smyrna/Decatur + nearby areas) Budget: Around 400k max Goal: live in one unit, rent out the other, build a cash flowing portfolio would love advice on 3 ...
Hello everyone, my name is Ruvim And I am new to the real estate game. I am trying to avoid as much mistakes as I can and wanted to reach out to you guys for help. Is it better to go for a FHA loan for my first deal or go for a conventional loan? I don't have much money to start off with so I wan...
I get asked a lot by investors whether or not they should be showing up to the courthouse steps on the first Tuesday of the month to pick up foreclosure or tax lien deals. In Georgia, this is called Super Tuesday. My answer, I don't source deals that way, and here's why: Foreclosures - You're bid...
I got started investing through house hacking and did multiple owner occupied purchases. Now that I'm on the mortgage side and work with a lot of house hackers, one thing I've realized is how little people think about financing deal #2 and #3 when they're buying deal #1. Everyone focuses on "how ...
I’m being relocated to the Dallas area for work while my family remains in North Carolina for the next couple of years. I’m purchasing a new-construction, four-bedroom, three-and-a-half-bath home and plan to house hack it by renting out the extra bedrooms. All the bedrooms are upstairs, along wit...