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Updated over 5 years ago,
House Hack Success within the loop?
Does anyone have an success stories to share with house hacking one of the newer town houses within the loop of DT Houston. I am feeling inspired to try to obtain a new town home within the loop with 3 bedrooms/baths and house-hack with roommates to keep my cost of living close to zero. At the point I am ready to leave Houston I'd sell or keep as a rental property depending on cash flow vs appreciation at the time. Anyone done anything similar? Were you able to get roommates (preferably young professionals) and if so what could you charge for rent? I'd likely live in the smallest/least fancy of the bedrooms to make the nicer master /in-suite available for rent.
Possible scenario: 300K. 10% down. Morgtage +2K
Your constructive feedback / pointers are appreciated in advance