Buying a small multi-unit property and living in one unit is a popular way to start investing. Here are the basics.
Why buyers consider it
Rent from the other units can help offset your housing costs, and owner-occupant financing may allow a smaller down payment than a pure investment loan. Ask your lender about program rules, including occupancy requirements and how rental income is counted.
What to run before you offer
- Realistic rents and vacancy
- Taxes, insurance, repairs, and utilities
- Local rental rules and licensing
Read our guide to the BRRRR and house hacking strategies for more.
Ready to start your search? Search Metro Atlanta homes, browse our properties, or contact Nil Patel Real Estate to talk through your plan.
This article is general information, not legal, tax, or financial advice. Loan programs, rates, and local rules change, so confirm details with your lender, attorney, or tax professional. Nil Patel is a licensed Georgia real estate salesperson with Keller Williams Realty Atlanta Partners.