Updated about 4 years ago on . Most recent reply

I'm looking to house hack.
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

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.