I am currently in negotiations for what would be my FIRST house hacking experience. Im purchasing a split level on full unfinished basement 5bd 3 1/2 bath house. Where I will convert the basement into a stlylish 1 bedroom apartment for a renter and live in the main house. While renting out my current 3bed 2 bath house. Wish Me Luck!
@Shun Henry , make sure to check the zoning for this new house. If it is R-1 residential or if there is an HOA you may not be allowed to convert it to have 2 units.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing