Updated about 5 years ago on . Most recent reply
House Hacking Jacksonville, FL
Hello fellow BP friends,
I am new to REI and looking to house hack my first property in Jacksonville, FL. My husband and I currently live in NJ and we have been exploring online for potential deals and wanted to understand if anyone has had experience in this market with multi-family homes.
If so, are there suggestions/recommendations of which neighborhoods we should focus on?
Thank you!
Most Popular Reply
Hi @Metzli Alcalde!
If you have any questions on financing your house hack in FL, please do not hesitate to reach out! The most popular options are an FHA and FHA 203(k) loan. Both options allow for 3.5% as a down-payment, but with a 203k loan you can roll in the rehab work that is needed (if any).