All Forum Posts by: Hiram Orozco Lopez

Hello everyone,

I have been doing research about starting house hacking this year, I have been looking at properties to start with at FHA loan in the TX RGV area, starting with a fourplex.

My BIG question here is, would you think it is riskier to start with a brand new fourplex having a bigger monthly pay at the end of the month but; on the other side thinking on not having to get as many repairs as an older building ex. 5 years older. The difference of a new building ranges:

New fourplex building: around 450k-500k

Older fourplex buildings: 375k 

Any thoughts or tips?, The reason I am inclining to start the house hacking with a brand new fourplex is that of course feels more convenient but I am not sure if it is most profitable. 

Any info is appreciate it, thanks in advance.