💡 House Hacking in Action – Treasure Valley, ID 💡

[Ryan Spath]

One of my clients just closed on a duplex using the FHA house hack strategy, and I think it’s a great example for anyone new to investing.

Here’s the setup:

• Purchase price: $450,000 duplex (3/1 upstairs + 1/1 downstairs)
• Financing: FHA loan with just 3.5% down
• Negotiation: Seller covered closing costs
• Cash out of pocket: $15,746.56

The plan:

• Live in one unit, rent the other
• Expected rent for the upstairs: $1,900/month
• After factoring that in, his cost of ownership drops to about $1,050/month

👉 Why this works: FHA allows low down payments if you occupy one unit. By renting the other, you offset your living expenses and start building equity with someone else’s rent.

This is one of my favorite ways to break into real estate investing without needing six figures of cash up front.

Curious if house hacking could work for you in your market? Happy to share more details and run through the math with anyone interested.