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Updated almost 6 years ago on . Most recent reply

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Luke Wong
  • New to Real Estate
  • Ridgewood, NJ
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Starting with House Hacking

Luke Wong
  • New to Real Estate
  • Ridgewood, NJ
Posted

What should I look for in a multi-family that I plan to house hack?

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Frank Procopio
  • Real Estate Agent
  • Naples, FL
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Frank Procopio
  • Real Estate Agent
  • Naples, FL
Replied

Property will have to pass an fha inspection so that criteria would be the first thing to look for. Then I would look for something that will foster long term tenancy. In my market at least the competition for multi family that will qualify for an fha loan is fierce so we anticipate less cash flow. So less turn over the better 

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