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Updated over 6 years ago on . Most recent reply

User Stats

40
Posts
6
Votes
Yan Yan
  • Investor
  • North Bergen, NJ
6
Votes |
40
Posts

rental income and downpayment inputs for house hacking

Yan Yan
  • Investor
  • North Bergen, NJ
Posted

hi, I am interested in house hacking strategy (living with tenant). my question is that when analyzing the deals, what numbers should I use for 1) rental income: should I include the market rental for the unit I will be living in or just the one that I rent out? 2) downpayment: should I use the usual 20% or 3.5% that I will get from FHA?

Thanks! 

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