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Updated over 5 years ago on . Most recent reply

Kyle Wilson's profile image
Kyle Wilson's profile image
Kyle Wilson
  • Member since Jun 27, 2019
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Kyle Wilson's profile image
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Kyle Wilson
  • Member since Jun 27, 2019
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Kyle Wilson
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Multi-Family and Apartment Investing

Pittsburgh house hacking

Kyle Wilson
Posted

I am looking to house hack in the Pittsburgh area. (Castle Shannon, Dormont, Mt. Lebanon etc.) Is it OK to be cash flow negative if I am living in one half of a duplex or something similar. Obviously that’s not the goal but I’d still be building equity. Thanks.

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Jason M McNamara's profile image
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Jason M McNamara
  • Rental Property Investor
  • from Tampa - Lakeland, Florida
  • Member since May 8, 2019
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Jason M McNamara's profile image
Jason M McNamara's profile image
Jason M McNamara
  • Rental Property Investor
  • from Tampa - Lakeland, Florida
  • Member since May 8, 2019
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Jason M McNamara
  • Rental Property Investor
  • Tampa - Lakeland, FL
15
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21
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Jason M McNamara
  • Rental Property Investor
  • Tampa - Lakeland, FL
Replied

@Kyle Wilson it depends on your goals. Some deals make sense to negative cash flow (like your situation) because otherwise you'd be left with even more negative cash flow. The goal for you is to decrease your monthly overhead so you can pivot to REI. Good luck.

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