Future relocation property

Off Topic
1moFollow

Future relocation property

Gordon Brown
Member since 2026 · 3 posts · 2 votes

I am retiring in 2028. I would like to buy a house now and have my daughter live in it until I retire. What would be my best options. I'm open to multi family property also

2Reply
230 views

Most Popular Reply

Mamta ValderramaPro Member
Real Estate Agent · Scottsdale, AZ · Member since 2023 · 6 posts · 2 votes
1mo
House hacking could be a good option. As an owner occupied property, you would typically qualify for a lower down payment than a straight investment property.
1Reply
See this reply in the discussion

6 Replies

Jump to latestLatest
  • Mamta ValderramaPro Member
    Real Estate Agent · Scottsdale, AZ · Member since 2023 · 6 posts · 2 votes
    1mo
    House hacking could be a good option. As an owner occupied property, you would typically qualify for a lower down payment than a straight investment property.
    1Reply
  • Gordon Brown
    OP
    Member since 2026 · 3 posts · 2 votes
    1mo

    How would that work with me having a mortgage already

    0Reply
  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    1mo
    Quote from @Gordon Brown:

    I am retiring in 2028. I would like to buy a house now and have my daughter live in it until I retire. What would be my best options. I'm open to multi family property also

    Great question, Gordon! Since you’re planning ahead for 2028, I’d focus on finding something that works both now and for your retirement plans later. A single-family home could be the simplest option if your daughter will live there until you move in, but I’d definitely explore a duplex or small multifamily too. Your daughter could occupy one unit while the other generates rental income to help offset expenses, and once you retire you could move in and keep the additional unit as income. Financing is worth discussing with a lender upfront since you won’t initially be occupying the property yourself. I’d also choose the market based on affordability, taxes, rents, and where you ultimately want to retire. If you’re open to different areas, Columbus, Ohio could be worth putting on your list because there are still relatively affordable single-family and multifamily options compared with many larger markets. The biggest thing is buying a property you’d genuinely want to live in later that also makes financial sense during the next couple of years. Happy to connect and answer any questions you have! 

    [email protected]614-300-7535
    Jimmy Lieu, Red 1 Realty4.9120 Reviews
    WebsiteView Page
    1Reply
  • Marc RiceBusiness Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2018 · 2k+ posts · 1k+ votes
    1mo

    What markets are you looking at?

    [email protected]614-363-2787
    Marc Rice | Investor Friendly Agent at Reafco Tailwind Team574 Reviews
    WebsiteView Page
    0Reply
  • Arman AhmedPro Member
    Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 931 votes
    1mo
    Quote from @Gordon Brown:

    I am retiring in 2028. I would like to buy a house now and have my daughter live in it until I retire. What would be my best options. I'm open to multi family property also


    That could be a smart way to get ahead of your retirement move, especially if the property can generate income in the meantime. I’d definitely consider a duplex or small multifamily where your daughter can live in one unit and the other helps offset the expenses. If you’re flexible on location, Midwest markets are also worth comparing since the lower purchase prices can give you more options and potentially better rental income.

    [email protected]614-418-6081
    0Reply
  • Gordon Brown
    OP
    Member since 2026 · 3 posts · 2 votes
    1mo
    Marc Rice, south suburbs of Atlanta area
    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free