Househack in Orange City Florida!

My Househack Story in this Crazy Market!

After 11 months of searching, over 20 offers, going under contract and cancelling, I’m finally happy to introduce my Househack!

I don’t normally post much on social media but I thought this will be useful for many other your investors and will hopefully inspire them to do something similar. This is a long post but I though the entire experience was worth sharing and not just the result. For those few who invest the time to read the entire post, I believe you will find lots of value and see what it takes! This is rarely shared in podcasts and post. People normally only share the final result/numbers.

• When I started looking for a Househack I had the following goals:
• Live for Free!
• Utilize the additional unit/units and use the rental income to cover your mortgage payments, all expenses for all units including mine and hopefully leave some profit.
• Pay $0 to acquire the home!
• Use FHA Loan with 3.5% Down Payment, Utilize Agent Commission of 3% towards the down payment, ask seller to pay Closing Cost and Pay $0 to acquire the home. Finance Renovation and use $0 from your own capital. This was inspired by the book Rich Dad - Poor Dad by Robert Kiyosaki.
• Buy a Multifamily!
• Preferably looking for Duplex, Triplex or Fourplex. A SFH with Mother In-law suite could have also worked.
• AirBnB Allowed!
• Desirable Area which legally allows Short Term Rentals. I managed to achieve 3.5 out of the 4 goals!
• Find out how on our website, Facebook or Bigger Pockets! Extremely happy with the house hack on this gorgeous duplex!