Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago,
Negative cash flow on my first duplex property house hack
Hi everyone, I'm looking to buy my first multi family in the coming months and have read all about cash flow, 1% and 50% rule. I am still wondering is it bad deal if i buy a duplex that covers most of the mortgage but not all of it? For example, the mortgage is $1000 and i can collect rent for $750, leaving me to pay the remaining $250 for the mortgage plus utilities. Ideally we all want positive cash flow but with house hacking, i feel like that will be harder to obtain also living in the property.
I am looking for opinions for those of you who have come before me if y'all would do something like that. Thanks