Do you charge yourself rent when you underwrite the house hack?
This is the argument I keep having with two people I trust and they've never once agreed. Setup. Duplex, $460k, payment $3,300 all in. The other side rents for $1,700. I live in t…
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 followThis is the argument I keep having with two people I trust and they've never once agreed. Setup. Duplex, $460k, payment $3,300 all in. The other side rents for $1,700. I live in t…
I've read the FHA multi-unit path a few times now and it makes sense to me: buy up to a fourplex, live in one, low down payment because you're an owner-occupant. Clear enough. Wha…
I've been reading listings in two directions for about a month and they lead to completely different lives. Direction one is a small multifamily, duplex or triplex, where I take a…
I run low price point rural stuff, and the house hack question I can't resolve is how long to actually stay after the occupancy requirement is satisfied. The repeat model says you…
I gut and rebuild for a living, so I lean toward buying the cheaper house and building the rental unit myself. A basement apartment on a house I already own costs me materials plu…
Ran the numbers on a house I'd actually buy and the result has been sitting on my desk for a week. Small three bedroom in an older part of town, $315k, 5% down, payment with taxes…
Working two versions of the same deal and I can't decide which one I'd actually sign. $540k fourplex, three 2/1s and one 1/1, market rents on the three I'd be renting come to abou…