House hacking out of college

House hacking out of college

New to Real Estate · Raleigh · Member since 2020 · 4 posts · 3 votes

Hi BP community,

I am getting ready to graduate from NC State in May and with the minimal debt that I will have, I see this as a perfect opportunity to purchase a duplex or triplex to house hack.  I have calculated that I can afford to put a 3% downpayment on a property that is up to $200,000.  I know that this is very minimal information, but am posting for any general tips or connections to real estate agents in the Raleigh area that specialize in this type of property.

This is also my first post on a BP forum, so I would also appreciate any advice for utilizing these forums in general.

Thanks for reading!

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  • Rental Property Investor · Raleigh, NC · Member since 2020 · 21 posts · 19 votes
    5y

    @John Hourani this is exactly what I do. General tip is doing get too wrapped up in perfect numbers for your first property (especially if you’re trying to stay in Raleigh with a 200k budget). Find something that is decent in town or check further out of town for better prices. The goal is to live cheaply while you get a low cost education in real estate.

    Feel free to connect/message with specific thoughts.

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