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Updated almost 6 years ago,
Feel stuck in NJ market and would like advice on which is best
hey everyone,
im new and 26 i want to house hack a 3 unit asap while the rates are low now. I want to buy for cash flow and put down 5% conventional loan or fha but areas taxes /salt is making it hard. I wanna be realistic with whats out there and what i can get. i check areas like paterson newark etc cause other areas dont seem to cash flow and im not use to them.
is it still possible to find a 3 unit to house hack and cash flow at least $200 per door after living in the place for 1 yr ? or would out of state be my best example philly? or even buying AC