New Louisville Investor Looking to Connect

Louisville, Kentucky
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New Louisville Investor Looking to Connect

Cade Carver
Member since 2026 · 3 posts · 5 votes

Hey everyone — I’m Cade, 22 years old and a recent Indiana University graduate. Over the next year, I’m looking to purchase my first small multifamily property in the Louisville market and house hack it by living in one unit and renting out the other.

Right now, I have very little in monthly expenses, so I’m taking advantage of that and saving aggressively toward a down payment.

I’d love to connect with someone who has experience house hacking and eventually growing into multiple duplexes, triplexes, or other small multifamily properties. I’ve been learning as much as I can about financing, analyzing deals, expenses, and rents, but I’d really value having someone experienced to occasionally bounce questions and deals off of.

If you’ve successfully house hacked or built a portfolio of small multifamily properties and would be open to connecting, I’d really appreciate it. Thanks!

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  • Ian L.Pro Member
    Rental Property Investor · Louisville, KY · Member since 2015 · 10 posts · 0 votes
    2w

    Hi Cade, first of all I admire your drive and commitment to saving aggressively. I personally have never house hacked, but it is a great way to get your feet wet and really get to know what it means to own and operate rental properties.

    If you haven't done so already, I'd highly recommend your joining ($125/year) KREIA, the Kentuckiana Real Estate Investors Association (kreia.com) which is an excellent vehicle for meeting the full spectrum of investors and vendors that service all aspects of the REI world locally. There are so many seasoned investors who are experienced and knowledgeable, and people are eager to help folks getting started like yourself.

    The monthly main meeting, Lunch and Learn, and the LOTS (Learning on the Site) events are all excellent, offering a variety of ways to learn, and of course get to know fellow investors. And guests (non-members) are welcome to the monthly main meeting on the 4th Thursday of the month, 5:30-9pm.

    Best,

    Ian

    0Reply
  • Brad SeidBusiness Member
    Lender · Licensed in 28 States · Member since 2026 · 127 posts · 33 votes
    1w

    @Cade Carver Welcome, Cade! House hacking can be a great way to get your first property and build from there. Since financing is a big part of making the numbers work, feel free to reach out if you want to explore lending options for your first multifamily deal.

    [email protected]248-408-3855
    West Capital Lending5122 Reviews
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  • Nicholas FloydBusiness Member
    NY · Member since 2026 · 181 posts · 61 votes
    1w

    Cade, you’re taking a smart approach by keeping your expenses low, saving aggressively, and learning the numbers before jumping into your first deal. House hacking can be a great way to get started, especially if you stay conservative with the numbers and leave yourself enough reserves.

    I work in the business funding space, so as you grow and eventually start looking at additional properties, renovations, or capital to help scale, I’d be happy to be a resource and help you understand different funding options. Either way, definitely keep asking questions and building relationships with experienced investors.

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  • Diana Khan
    Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 340 posts · 125 votes
    1w
    Quote from @Cade Carver:

    Hey everyone — I’m Cade, 22 years old and a recent Indiana University graduate. Over the next year, I’m looking to purchase my first small multifamily property in the Louisville market and house hack it by living in one unit and renting out the other.

    Right now, I have very little in monthly expenses, so I’m taking advantage of that and saving aggressively toward a down payment.

    I’d love to connect with someone who has experience house hacking and eventually growing into multiple duplexes, triplexes, or other small multifamily properties. I’ve been learning as much as I can about financing, analyzing deals, expenses, and rents, but I’d really value having someone experienced to occasionally bounce questions and deals off of.

    If you’ve successfully house hacked or built a portfolio of small multifamily properties and would be open to connecting, I’d really appreciate it. Thanks!

    @Cade Carver, you’re in a good spot to take your time and learn before buying. One thing I’ve seen with first-time multifamily buyers is that the property can look great on paper, but you still need to confirm that it is legally being used as the number of units you think you are buying. I would always check the property records, permits, leases, utilities, and whether there are already tenants in place before getting too far into a deal.

    I’d also look at the property two ways: does it work while you live there, and does it still make sense after you eventually move out and rent your unit too? That can help you avoid buying something that only works under one version of the plan. I’d be glad to stay connected and follow your progress as you work toward that first property.

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