House Hacking in Los Angeles?

[Tyler Uenaka]

I'm curious, has anyone had luck or figured out how to cash flow in LA while house hacking in todays market with low money down. I'd like to hear how others are doing it and see how I can figure this out! Thanks for the input. 

[Jon Schwartz]

Originally posted by @Tyler Uenaka:

I'm curious, has anyone had luck or figured out how to cash flow in LA while house hacking in todays market with low money down. I'd like to hear how others are doing it and see how I can figure this out! Thanks for the input. 

Tyler,

You're not going to cashflow while living in your house hack in LA unless you do something like convert the garage to an ADU right away.

However, it is possible to reduce your cost of living (assuming you're currently paying rent and not living with your parents)  while building up a lot of equity through principal paydown and appreciation.

Best,

Jon