Fourplex House Hack Opportunity
One of my goals this year is find a Fourplex to house hack in..and do some sort of BRRRR strategy.
Sorta a dumb question.. - If I was to purchase a Fourplex off market (all-cash/hardmoney) get it rehabbed and rented for the next 4-6 months..
Do I get ALL units rented out and begin the cash out refinance process? Or its ok to live in one unit? Would it be more logical to get units rented out and once the refi process is done..I move in one of the units.
How should I go with this process?
Ps. I can't get a FHA loan, PP is in the 7 figure range. (Bay Area)