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Updated almost 5 years ago on . Most recent reply

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Brandon Phillips
  • Real Estate Agent
  • Des Moines, WA
8
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37
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Post-House Hack Strategies

Brandon Phillips
  • Real Estate Agent
  • Des Moines, WA
Posted

First house hack, located 2o minutes south of Seattle, closing soon. Am already thinking about what the next deal is going to be in 1, 2, and 3 years from now. Any suggestions for leveraging this property for the next deal?

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706
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2,630
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Michael Haas
#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,630
Votes |
706
Posts
Michael Haas
#1 Real Estate Deal Analysis & Advice Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

I'd try to house-hack 2-3 properties, then switch to BRRRR / Commercial / Flips. There's no reason to stop at the first househack unless you really really hate moving, as the bank will give you another owner occupant loan after 12 months.

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HouseHack Seattle
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