Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Buying & Selling Real Estate
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 8 years ago,

User Stats

1
Posts
0
Votes
Chris Lialios
  • Troy, OH
0
Votes |
1
Posts

House hacking Good property?

Chris Lialios
  • Troy, OH
Posted

Hello BP! 

This is my first post, I was hoping to get some advice on buying a duplex that I would househack with. First side is 3 bed 2 bath with 2 car garage. Second is 2b2b with 2 car garage. My family and I would live in the 3 bedroom. The 2 bedroom currently rents for 750 but I think I could raise it to 800-825. 

The house is currently on the market for $215,000 but I think we will be able to get it down to 200,000 with closing cost. 

My mortgage would be around 1280 with insurance and PMI. We are comfortable paying 850 towards the mortgage but could cover 1280 if the other unit is , Which would put a total of 1600 with the other rent. That would leave $320 extra to save for costs towards the 2 bedroom side.