Updated about 2 months ago on . Most recent reply
Starting a house hack in college
I am a college student who has two more years of school. I am about to end my internship in May and will be living at home for the next two years. I have been wanting to get a house hack with a small multi family near my campus, but I do not have a stable enough income to get a loan. I asked my parents to be co borrowers but they don't like the idea of investing in real estate. I have 20k saved and I was hoping to get some advice on whether or not it's feasible for me to get started on a house hack. I was planing to get a server job but commission based incomes are not very good for getting loans. Any ideas on what jobs would pay well and be stable enough to do while in school and any other advice on getting started?
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#1 Buying & Selling Real Estate Contributor
- Real Estate Agent
- Columbus Cleveland Dayton, OH
Honestly, with two years left in school and $20k saved, the smartest long-term play is to stack as much cash as you can and line yourself up for a stable W-2 job after graduation. Lenders love consistency, and once you have that, options like FHA or even a 3–5% down conventional make house hacking way easier. In the meantime, grab a job with steady hours and verifiable income, think campus jobs, admin roles, or anything hourly where your paychecks are predictable. You're not behind at all, you're actually setting yourself up to hit the ground running the moment you graduate.