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Updated over 9 years ago on . Most recent reply

Joseph Burke's profile image
Joseph Burke's profile image
Joseph Burke
  • from New London, North Carolina
  • Member since Oct 25, 2015
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Joseph Burke's profile image
Joseph Burke's profile image
Joseph Burke
  • from New London, North Carolina
  • Member since Oct 25, 2015
Connect
Joseph Burke
  • New London, NC
0
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11
Posts
General Real Estate Investing

Are there any downsides to househacking?

Joseph Burke
  • New London, NC
Posted

I qualify for the county limit for a multi-family. Of course, I'm thinking about getting the most expensive house I can, banking on appreciation. Just wondering if there's any inherent risk in this, besides overpaying?  Is it possible for the MF market to drop in my area drastically or something?

I make six figures and have no debt right now so I'm okay with being a bit in the negative or something. 

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