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Updated over 6 years ago on . Most recent reply

User Stats

9
Posts
1
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Ray Ngo
  • New to Real Estate
  • Pomona, CA
1
Votes |
9
Posts

Any “house hackers” in the Pomona area?

Ray Ngo
  • New to Real Estate
  • Pomona, CA
Posted
Hello, I currently live in Irvine, CA and planning to move to Pomona (near Cal Poly) soon this year for work. Please let me know if anyone currently a house hacker (via MFR or vacation rental) in the city of Pomona, Walnut, Chino, Clairmont, Covina, West Covina, San Dimas, La Verne, ...?

Most Popular Reply

User Stats

41
Posts
14
Votes
Ricardo Paredes
  • Investor
  • Gardena, CA
14
Votes |
41
Posts
Ricardo Paredes
  • Investor
  • Gardena, CA
Replied

@Ray Ngo My wife and I recently bought a 5 bedroom house in Pomona with the intention of house hacking. Pomona is one of the few decent areas in LA County where you could conceivably house hack your way into a monthly housing payment of less than $500/month buying off the MLS. The house had been on the market for several months and the price was recently reduced. We ended up getting it $15k below asking with 5% down and will have a smaller mortgage payment and larger yard than we did living in Southbay. Rooms rent for $600-$650 and there should be no shortage of potential renters with 3 colleges and metro station nearby.

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