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Updated almost 6 years ago on . Most recent reply

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Trevor Bogus
3
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8
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Multifamily house hacking?

Trevor Bogus
Posted

Hello,

I am a newbie to Bigger Pockets and real estate investing as a whole. I have a goal of buying a duplex or triplex and living in one of the units. I have very little money to put down, so I was thinking of getting an FHA loan. What are the major drawbacks to an FHA? Also would I be able to get enough cash flow while living in my invest property to cover expenses, or does that vary from case to case?

Also I could have a true break even in this scenario I would see that as a good first investment, is that true?

Thank you all for taking the time to read this, I always appreciate everyone’s comments and posts!

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