House Hacking

House hacking is when you purchase a residential property with four units or less, live in a portion of it, and rent out the area you’re not using, with the goal of reducing your personal living expenses, or potentially even profiting. There are quite a few house hacking strategies, including single-family homes, duplexes, triplexes, fourplexes, live-in-flips, basement additions, ADUs, and more.

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