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Updated almost 7 years ago on . Most recent reply

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2
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0
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Steve Halzel
  • Rental Property Investor
  • Fairhaven, MA
0
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2
Posts

Need advice on my first 3 family house hack.

Steve Halzel
  • Rental Property Investor
  • Fairhaven, MA
Posted

I'm trying to hack a 3 family home in the Metrowest area outside of Boston. I've analyzed about 8-10 properties using the BP rental calculator. Since I need to live in one of the units, I would like the other 2 units to pay for it. Unless I put more than 25% down none of these properties come close to working. Cash on cash ROI are all negative. I may not be estimating the AFV correctly. I'm going by comps now. Looking for advice...

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