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Updated over 5 years ago,
"House Hacking" in NYC
Hey everyone!
Been reading the book, "Investing in Duplexes, Triplexes, and Quads" by Larry Loftis,
and the idea of house hacking a multi-family as a starting point for real-estate investing sounds
really awesome! The main issue for me is I live in New York City, and we have a lot of family here,
and my wife absolutely loves her job and being close to her family. Looking at the prices of multi-families in NYC
is daunting to say the least...
As a father of 2, with a wife who loves her job in the city, is it possible to "house hack" a multifamily
in NYC and cash flow positive? Especially without putting a 6 figure down payment?
Any help/info you guys can provide would be greatly appreciated!