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House Hacking

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House hacking with a condo or townhome - Seeking Advice

Posted Apr 15 2023, 07:03

Hi All! I'm new to real estate investing and want to get started with house hacking. I recently moved to Denver, CO, and have been thinking about purchasing my first property and use the house hacking strategy to get started. My problem is that the single-family properties in the Denver metro area are a bit out of my price range. I'm considering looking into condos or townhomes that are a little more affordable to get started. I'm thinkign I could get into a 2bed 2 bath where I can rent out the other room and bath - as a very small scale house hack. Are there any big red flags with doing house hacks in a condo/townhome? Any advice is much appreciated! Thank you. 

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