Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

30
Posts
5
Votes
Nathan Rea
  • Loveland, CO
5
Votes |
30
Posts

House hacking questions for a newbie

Nathan Rea
  • Loveland, CO
Posted
I want to say thank you all for the vast amount of knowledge you have shared with me. I wanted to ask about loans and house hacking a multifamily 11 unit complex. I would like to purchase and live in one of the units. Does this strategy work when you are buying this many units? Does this strategy work when you get this large of a loan? ~$1.5mil. With 3.5% down? I am a newbie and I have chosen to focus on multi family and get good at this before I move to other types of property rentals. Thank you all again. Nate

Most Popular Reply

User Stats

69
Posts
53
Votes
Charles D Cruz
  • Pueblo West, CO
53
Votes |
69
Posts
Charles D Cruz
  • Pueblo West, CO
Replied

No, it doesn't work.

House hacking is limited  to 1-4 units. 11 is a commercial property.

Loading replies...