House Hack/ First time rental

[Brendan Anderson]

Hi, this is probably a very beginner question, but I'll aks it anyways. I'm looking for a house hack in my area and none will cash flow positive if I occupy part of the residence. Should I be looking for a unit that cash flows positive while I occupy, or is it standard to sometimes pay a small amount until I can cash out re-fi into another property or move out and rent my space. Thanks for your help.

[Antonio Cucciniello]

@Brendan Anderson Ultimately what you accept in terms of cash flow would be up to you. If you were ok with living there and paying a couple of hundred dollars a month, that might be better than paying $1000 in rent every month or paying an entire mortgage yourself.

Ideally you would always go for as much cash flow as you can, but sometimes starting with a house hack, really produces cash flow for you by helping you save more money every month. Make sense?