House Hacking in Westchester NY

[Marilin Matos]

Hello Bigger Pockets Community!

I've been on here for a while browsing forums but it is finally time to put all of my planning to work!

I viewed a house this weekend in Mount Vernon (Westchester, New York). A gorgeous 3 floor home that can easily be converted into a 3 family. I will be living in one with my husband and toddler and renting the other 2 units. We've already been pre approved and I have a great real estate agent and mortgage broker. We are prepared to put 10% down, and this house fits my criteria perfectly so as long as 2 units are rented my mortgage is paid for in full!

I am looking for a contractor and a real estate attorney. I need to close a doorway, add a door to a doorway, and break a wall in order to add another doorway. This will lead to a large communal area on the first floor and seperate enterances to each apartment. Each apartment is an entire floor. The meters are not seperated in the house yet, I am thinking of doing this down the line but for now I will just be adding it as a fee to the rent. I would love any advice or comments.

So grateful for biggerpockets. I literally wouldnt have had this idea if I didnt come accross this website in early 2019. Proud to say I am still on board with my original plan and finally executing. So if your reading this, THANKS BIGGER POCKETS.

[Darling M.]

Congratulations Marilin,

I am excited about this step you are taking in your journey. I am also a resident in NYC and looking to invest in a triplex in 2021 (looking at NJ).  So  I would love to follow your journey as you dive into real estate investing and looking forward to your future post.

Good Luck!!