High premium on MFH in my area and trying to house hack.

[Account Closed]

Looking to follow everyone’s advice on here by house hacking my way into the real estate world, but I can’t seem to find anything that will net out with me living there along with the other units rented out.

Should I consider SFH with a roommate or something else?

[Dexter Samour]

Hello Aaron

I primarily work in Miami-Dade county and here its very common to find SFH's and Town homes that have either a garage converted into a bedroom or an efficiency (in-law quarters or bungalow) built out in the backyard. If you can find any of these types of properties in Broward county you could use the extra room or efficiency to help generate income while still be approved for the same FHA loan to house hack. In South Florida you might have to get more a little more creative than just purchasing a duplex,triplex or quad.