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Updated over 3 years ago on . Most recent reply

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13
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4
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Julian Pacheco
  • San Diego, CA
4
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13
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House hack in Menifee, CA.

Julian Pacheco
  • San Diego, CA
Posted

Hello again Bigger Pockets. Just wanted to know if anyone has had any experience with house hacks in the Menifee, California area. I was thinking of using the VA loan because I saw a few homes that looked like they can cash flow. I took a quick look and found bed and baths that were renting for 650-800 in Menifee. Is this accurate? If so, I think a house hack would work there. If anyone can offer advice it would be much appreciated.

Most Popular Reply

User Stats

13
Posts
4
Votes
Julian Pacheco
  • San Diego, CA
4
Votes |
13
Posts
Julian Pacheco
  • San Diego, CA
Replied

@Grant Schroeder thanks for the tip. I’m still learning how to use the forums. I was thinking I could rent the room that shares a bath for 600, take the other for myself rent the master for 750 and the last room for 675. 
this leaves me to pay about 500-800 out of pocket for the mortgage which is better than paying 1000 rebting a bed and bath like I am now. The 5th room option could also generate cash flow as storage or i considered converting to bathrooms but idk how difficult that would be.

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