House hacking means buying a property, living in part of it, and renting out the rest so that tenants cover most or all of the housing cost.
Log in to followBought a 1950s ranch for $265k with an FHA loan, 3.5 percent down. It had a walkout basement with its own door to the side yard, which is why I bought it instead of the cleaner ho…
I bought a four bedroom on the edge of a state school town, $340k, 5 percent down on an owner-occupied conventional loan. Payment with taxes and insurance came to $2,650. The plan…
Bought a 1960s triplex in a first ring suburb for $520k with FHA at 3.5 percent down, so $18,200 down and about $12,000 in closing costs and prepaids. PITI with the mortgage insur…
I'm not buying yet, so this is a paperwork win rather than a deal. I spent three weeks calling lenders to find out who would actually count projected income from an accessory unit…
Closed in the fall on a one unit with a detached studio over the garage, $415k, 5 percent down, owner-occupied conventional. I qualified partly on projected rent from the studio,…