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Updated almost 6 years ago,
First time house hacking
Hey how is everybody doing!!! I hope great!!! Well im finally getting into real state investment specifically rental properties. Im looking at this duplex close to where im renting now, is a 2/1 on both sides. There is an older tenant on the one side and her $900 rent payments come straight from her social security. We are going to house hack if we do decided to go with it. They are asking $229,000 and the owner is putting in a new roof along with paying the closing costs. All we need is the 3.5% down with the fha loan. Mortgage should be around $1600 to $1700. What are you guys thoughts?