Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
House hacking duplex
Looking to purchase a duplex for around $210,000. I’ve been pre approved. I’m looking at around a $1,300 payment. I’m not sure how to find rental comps for duplexes in the market I’m looking at, as there’s not many duplexes in the area. Anyways, don’t think I’ll be able to cash flow on this property at the payment, but I’ll be able to get close to break even. Any market with higher rents, the properties are so high I’m not able to afford. This market is crazy and it’s trying to stop me from taking the next step. Is there any rule of thumb for looking at a regular house rent and converting to a duplex rent for comps?