Updated over 4 years ago on . Most recent reply
Newbie looking for a good househacking market
Hello BP fam,
I have the ability to move anywhere to househack- I've looked primarily at Ohio but have found that a lot of multifamily homes are either expensive or in pretty rough areas. Anyone have any market leads with safe + lower priced MFHs to househack? I'd like to pay around $500k for a 4plex in a market that is not exploding with cash offers (like Dallas).
I have a personal deadline to close on something before June 30, when my lease expires. I'd love to live on the outskirts of a national park so I can do more short term rentals in the area. Any leads or pointers are much appreciated!
Most Popular Reply
I can’t tell you where to find a 4-plex for $500k but I would advise you to watch out for that deadline. Don’t let it push you into an inferior deal. Maybe figure out a backup plan for your living situation in case you need more time find the right property. Deadlines can lead to bad decisions if you’re not careful.