House hacking means buying a small multifamily property, living in one unit, and renting the others so your tenants cover most or all of your housing cost. It's a popular first step into real estate investing.
An important note on financing
The lenders we work with make business-purpose loans on non-owner-occupied property only, so we can't finance a home you'll live in. House hackers usually start with an owner-occupied loan, such as FHA or conventional financing.
Where we come in
Once you move out and the property becomes a full rental, a DSCR loan can refinance it through an LLC. When you're ready for the next investment property, a bridge or DSCR loan can fund the purchase.