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Updated over 6 years ago on . Most recent reply
Miami House Hack Help Needed
I moved to Miami for work and although I have a few rental properties (in Cleveland and Los Angeles-I am from LA) I currently rent. I am looking to house hack in Miami, but Miami seems overly bloated to me. Any deal I can find is for cash buyers only, and I would like to take advantage of using an FHA since I would finally be living in one of my properties.
Has anyone had any success with wholesalers who want cash or hard money only that would take an FHA? If I get pre approved for an FHA how fast could closing be?
I would be ok living in a C class neighborhood but would want it to be a safe one (so I guess not D) and I do not know Miami that well yet, so any insight on neighborhoods would be awesome. I also want to be somewhat close to the airport since I go there for work.
Thanks so much.