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Updated over 3 years ago,
House Hack with initial negative cashflow - any thoughts?
I am currently preparing to put in an offer for a 3-family property in a highly desirable neighborhood in Brooklyn, NY. Based on my numbers, the property will have a slight negative cashflow for the first 3-4 years, after it is projected to cashflow. Since I am doing a house hack, I am fine with that, due to that I can easily carry the negative balance myself. Would love to hear any thoughts on this. I've included a link to my analysis.
https://www.biggerpockets.com/...
Thanks in advance for any feedback!