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Updated about 7 years ago,

User Stats

32
Posts
3
Votes
Nick Zias
  • Investor
  • Flushing, NY
3
Votes |
32
Posts

Is This a House Hack Option?

Nick Zias
  • Investor
  • Flushing, NY
Posted
Does this makes sense for a house hack? Listing Price - 280k Rehab using a rehab loan - 100k Rent for downstairs apartment $2,200/mo Taxes - $9,500 After accounting for all in cost including 20% down payment, I’d still have to shell out about $6,500/year. Id love to be getting cash flow but I also need a place to live. This would be cheaper than renting anywhere else in NY. TIA

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