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Updated over 9 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Avi Lang
  • Far Rockaway, NY
1
Votes |
12
Posts

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

Avi Lang
  • Far Rockaway, NY
Posted

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 

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