Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

38
Posts
20
Votes

House hacking breakdown help for Cash Flow?

Posted

Hi, everyone!

I'm new to this and want to learn about the math here to see if either of these have cash flow opportunity. Can someone help me breakdown what they would take into account? I would be getting 3.5% FHA loan and would live in one of the units (the smaller ones.) Wondering if I can move from renting currently at $1,400 a month to buying a 2 flat for house hacking. I get the future appreciation and tax benefits come with owning but wanted to know per month if either of these have potential cashflow? THANK YOU!

1. 6030 N Claremont Ave Chicago, IL 60659
2. 6119 N Wolcott Ave Chicago, IL 60660

Loading replies...