Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Francisco Miranda
  • Contractor
  • San Jose, CA
0
Votes |
2
Posts

I'm looking to house hack.

Francisco Miranda
  • Contractor
  • San Jose, CA
Posted

Is it possible to get a 4 to 8 plex and house hack it where do I start i don't want to waste more time and I'm still learning I'm in the Santa Clara County area in California and hava full time job

Most Popular Reply

User Stats

2,845
Posts
1,939
Votes
Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
1,939
Votes |
2,845
Posts
Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Francisco Miranda

Typically, house hacking is for people purchasing 1-4 unit properties; properties where FHA financing is able to be utilized. 5+ multifamily properties are usually going to require 20%-25% down while FHA financing on 1-4 unit properties will usually require less than 4% down. The buyer then will rent out the additional rooms/units to help pay their mortgage while hopefully cash flowing at the same time.

Loading replies...