House Hacking Criteria

[Adrienne Donner]

We are new to REI. We are looking at house hacking.

We can't seem to figure out if any of the BP can accurately help us decide if it is a good deal.

We can buy a house that has been renting the upstairs and downstairs separately for about 6 years. We plan to live in the downstairs apartment.

What criteria do we use to know if this is a good deal?

We are already paying the same amount as the basement rental price without that money building our equity.

We wouldn't need to rehab it at this time. I believe we can get it for about $100k under the current value.