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Updated over 8 years ago,
How to analyze multi when house hacking?
Hi everyone,
I'm a new investor looking at 2-4 units. We want to live in one of the units and rent other units out. My question is sometimes the return looks very good if rent from all units are counted, but if subtracting one that we will potentially live in, the return doesn't look as good. This makes me think the more units the merrier, because cash flow is better. Is there a certain number that makes a good deal when house hacking? Maybe look for 2% instead of the 1% rule?
Thank you,
Yiyi