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Updated over 5 years ago,
Room Additions ? Or purchase another property?
I’m currently house hacking to bring down payment. I have 40% equity.
I’m debating to add to the property cause it’s on .57 acre. The addition cost for a 1bd 1bth kitchen, Living área with laundry closet. Appx 60k. Attached to the main house yet separate entry.
Rent is about 1100 for it?
Should I buy another house or add?