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Updated over 5 years ago,
Is My Salary/Pay To Low To House Hack?
I believe i’ve gotten over my fear of making the “real estate leap” BUT, it’s this one thing in the back of my mind.... do I make enough to even start house hacking? My current job pays $12.50. I live in Georgia where the minimum wage is $7.25. I guess the fear comes from the fact I would have other tenants to care for out of pocket for possibly the first few months, vacancy, maintenance, and that I could possibly get denied a 203k loan due to insufficient income.