You may have heard the term House Hacking over the last several years. The popular investing strategy has become a great tool for those looking to get into real estate investing. During the heavy sellers market over the past few years, it was really difficult (although not impossible) in the Chattanooga area as many competed against larger, all cash investors. As the market shifts, house hacking becomes more accessible if you are purchasing with a home loan. We've broken down what exactly house hacking is and how you can make it work for you.
House hacking is a real estate investment strategy where you purchase a multifamily property (such as a duplex or triplex) and live in one of the units while renting out the others. The main goal of house…