HI so i have a question about house hacking for rental price

[Avi Lang]

Ok so i want to buy a duplex.

so right now i am renting for 1465.00 a month 

if i can buy a house and rent out the other unit and that tenant would cover most of my rent but not all is this worth doing?

so lets say my mortgage is lets say 2000 i made this number up.

my tenant is paying 1500 rent

so my mortgage is 500 dollars that i would pay is this worth getting out of my apt on the second floor that i am paying 1465 a month?

i see it that i might get more rooms or a bigger place

i never saw anybody talk about this so thats why i am asking

thank you 

[Darren Budahn]

Type "house hacking" into the BP search bar and you can read plenty of very good discussion on this exact topic. It's a great idea to do what you are thinking about IMO. Buy a duplex with an FHA loan and you only 3.5% for a down payment. All this while the tenant pays the majority of your mortgage, you gain equity, are able to depreciate yearly, and the mortgage gets paid down.