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Updated about 8 years ago,

User Stats

10
Posts
0
Votes
Nicolas Savvides
  • Astoria, NY
0
Votes |
10
Posts

I net negative in my 1st live in multifamily. Really a HouseHack?

Nicolas Savvides
  • Astoria, NY
Posted

I am at the brinks of making my first deal. 

Excited to move into my new multifamily.

Rents in the area are nice.

I will live in one of the units.

I net negative after expenses including utilities mortgage taxes insurance etc. 

For about half of what the unit would rent for. 

How common is this amongst House Hackers?

Is this a carnal house hacking sin?

I appreciate your responses on my first post.

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