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Updated over 5 years ago,
Househacking: Do you exclude your unit in deal calculations?
Hi! When looking at a deal for a househack in 2-4 unit multiplex, do you exclude your unit's rent in the calculation? For example, a quadplex that could rent for $2000/unit would be $8000. But in a househack situation, would you only consider it to be $6000 since you are occupying a unit? Also, what if you are only househacking for a 2yr period to renovate the place, would you still exclude your unit in the deal calc or include it knowing that you will be collecting rent on that unit in 2yrs? Thanks in advance!