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Updated over 1 year ago,
Tips for My First House Hack?
Hey, BiggerPockets members!
My name is Grant, I have recently been studying real estate and planning for my first deal once I'm out of school. Currently, I am saving money for a down payment once I have a deal lined up. I have been practicing utilizing the tools here on BiggerPockets to analyze rentals and I noticed some of the deals have a nearly 0-3% CoC ROI. These properties were duplexes and I would be house-hacking them should I acquire them. Because I am house hacking, is 0-3% CoC ROI really an issue? I would be living for free and building equity in a property, add this to the fact I would have income from a full-time job, this seems like 0-3% CoC ROI isn't much of an issue if you're house hacking. Let me know if my logic is flawed as I am young and most likely naive!