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Updated about 6 years ago on . Most recent reply

User Stats

38
Posts
18
Votes
Jacob Walls
  • Cocoa, FL
18
Votes |
38
Posts

House hack opportunity

Jacob Walls
  • Cocoa, FL
Posted

I have the opportunity to house hack a duplex. They are asking 275k for it. One side is a 2/2 the other side is 3/2. I plan to rent out the 3/2 and live in the 2/2. With the ability to house hack and have the mortgage covered by the tenants rent would you potentially pay a little more than you wanted to because you have the ability to pay the mortgage with the tenants rent? This is my first home purchase so I’m having some first time buyer jitters I think. Just curious what some other people think. Thank you all.

Most Popular Reply

User Stats

951
Posts
599
Votes
Kiera Underwood
  • Specialist
  • Oklahoma City, OK
599
Votes |
951
Posts
Kiera Underwood
  • Specialist
  • Oklahoma City, OK
Replied

I paid more for my house hack than I would for a single family! You're cutting your living costs and building equity with someone else's money. Go for it! 

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