Updated 13 days ago on . Most recent reply
New to Real Estate
Hello, everyone!
My name is Parker, I am newly married and have fallen in love with Bigger Pockets! My wife and I are looking to purchase a multi-family property in the next coming year to house-hack and start our portfolio!
I have a large construction background, and currently I am a small business owner operating in Grand Rapids, Michigan. I am also very open to doing renovations and house-flips in the future.
I would love some tips/advice on how you all started your journey, and what I should expect!
I am only twenty, so I don’t have a super large capital to start with, but we have been saving for the past couple of years for our first down payment.
Anyone else with experience in multifamily house hacking I would love to talk to and learn more about it!
Have a blessed day!
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#1 All Forums Contributor
- Property Manager
- Royal Oak, MI
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#1 All Forums Contributor
- Property Manager
- Royal Oak, MI
@Parker Matheny Recommend you house-hack a 2-4 unit property.
Buy with 3.5% down FHA loan - you can even use the FHA 203(k) option to roll-in renovation costs!
Rent out the other unit(s), try LTR, MTR & STR to find your groove!
- Drew Sygit
- [email protected]
- 248-209-6824
