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Updated over 3 years ago on . Most recent reply
Any success house hacking in New Jersey?
Hello all,
Is there anyone who has successfully house hacked in NJ? I'd to like to FHA househack in NJ but the numbers seem to skew highly negative. Is there anyone who has had experience with this?
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Jonathan Greene
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- Mendham, NJ
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Jonathan Greene
#5 Starting Out Contributor
Professional Services
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#5 Starting Out Contributor
- Real Estate Consultant
- Mendham, NJ
I know at least 30 people doing it here. What @Peter Vander Valk said is correct about the calculators in NJ, you can't use them to evaluate it against other states. You have to know the market and know when you are house hacking in NJ you are getting a huge living benefit that is offset by the high taxes.
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