Updated 5 months ago on . Most recent reply
Please Tips to fund my second property
Hello, everyone. We need some advice on buying our second property. We are thinking of a multifamily property with an FHA loan in order to house hack. We are noticing that it isn't easy to have positive cash flow on a duplex or triplex since one unit has to be owner-occupied, but sometimes it's just barely profitable with a four plex. Does anyone have any tips? Or should we just see if we can handle the negative cash flow loss for the first year with the duplex or triplex? Thank you all!