When buying a bad deal is worth it?

[Kris Zabish]

All I hear is never ever buy a bad deal, or non cash flowing properly.

I’m looking to house hack my first property in El Dorado County (just outside of Sacramento) but cannot find a deal that’s works in my area. I hear Brandon saying in my head “you have to make a great deal”

Here’s the biggest challenge. My family and I are just coming off food stamps. We are working hard to put away 10% of every paycheck and are barely making it. Had the water company standing at my door to turn off the water last month. My rent is $1400 and the utilities are another $300-400 month. This is the biggest hole in my bucket which is why I need to house hack as soon as possible. We’ve been trying to find a new place to rent but demand is high and supply is very low.

My question is would you buy a deal that would save you money now if you lived in the property but would not cash flow after you moved out?

[Joe Villeneuve]

No.  All you would be doing is delaying the problem...on purpose.

The solution is to find a better way, not give into the lesser of evils.