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Updated about 1 month ago on . Most recent reply

New Realtor, New Investor — Starting My House Hacking Journey (Would Love Feedback!)
Hi everyone!
I wanted to start off by saying how excited I am to be a part of the BiggerPockets community. I recently began my real estate career in the Palm Beach/Broward area as an agent, and I'm especially interested in specializing in real estate investing.
I’ve really enjoyed learning, networking, and crunching numbers to help others and I’m also now stepping into this world of opportunity myself. I’m 21 and blessed to be in a position to purchase my first investment property within the next year or two!
Right now, I’m focused on a house hacking strategy with trusted friends as a stepping stone. My goal is to stop burning cash on rent and build a foundation for long-term investing. I’d love to connect with other investors and gain insight from people more experienced than me.
My Game Plan
Primary Plan:
I'm planning to house hack a multifamily property with two friends using an FHA loan. We're looking to put in around $20K–$30K each for the down payment and closing costs. All three of us would live in one unit and rent out the other, splitting the mortgage and responsibilities equally.
Secondary Opportunity (Brother):
I'm also helping my 23-year-old brother house hack a separate smaller Multifamily. He'll be the sole borrower on his FHA loan and live in one unit with his girlfriend. I'll contribute toward the down payment and monthly costs in exchange for equity, but I won't be on the loan so I can still qualify for my own FHA purchase.
Financially, we’re both in great shape no debt, steady income, and some solid savings/investments. Just looking to make sure my plan makes sense both legally and financially, and would love any advice or direction from the community.
Most Popular Reply

- Flipper/Rehabber
- Pittsburgh
- 4,349
- Votes |
- 5,320
- Posts
just house hack separately from your friends - no reason to try to partner or split things. way too much complexity for when you're starting out.