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Updated over 3 years ago,

User Stats

23
Posts
11
Votes
Anders R.
  • New to Real Estate
  • Brooklyn, NY
11
Votes |
23
Posts

House Hack with initial negative cashflow - any thoughts?

Anders R.
  • New to Real Estate
  • Brooklyn, NY
Posted

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!

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