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Updated 10 months ago on . Most recent reply

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House Hacking a Single-Family Home or Multi-family?

Posted

Hi all,

I'm currently looking to get into the real estate investing game. I've heard the pros and cons of both a single-family home and a multi-family home. One of the major pros for a SF was that it tends to be easier to handle and it appreciates in value more than a MF would. 

I wanted to see what would you all do if you were in my shoes? I'm looking to use the VA home loan. SF is winning me over at the moment because I'm a beginner, but I'm sort of stuck in analysis paralysis right now trying to decide.


Thanks in advance! 

Nick

Most Popular Reply

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76
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Lindsey Mannix
  • Real Estate Agent
  • Woodland Park, CO
39
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76
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Lindsey Mannix
  • Real Estate Agent
  • Woodland Park, CO
Replied

Hi Nick,

Thank you for your service! If I was you and I had access to the VA benefits, I would see a 4 unit property where I'd have my own space and then rent the other 3 units. This will likely produce larger financial rents back to you as well verses renting out rooms in a SF home.

Best of luck!

~ Lindsey

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