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Updated over 5 years ago,

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7
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0
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Thomas Welch
0
Votes |
7
Posts

"House Hacking" in NYC

Thomas Welch
Posted

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!

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