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18
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3
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Jose Aguilar
  • New to Real Estate
  • Central California
3
Votes |
18
Posts

2k monthly mortgage, wheres the cash flow?

Jose Aguilar
  • New to Real Estate
  • Central California
Posted

Hi, I'll make this brief. I have no assets but am planning a future in real estate. I research occasionally and build scenarios in my head to see how purchasing proprieties will result in cash flow. This most recent situation where I discovered a decent priced multi unit property with 2 units, 1 with 3 bed 2 bath the other 2 bed 2 bath. I used the bigger pockets calculator where it estimated monthly mortgage with taxes and insurance included came out to 2.1k. My question is how would I utilize house hacking with this particular property? How can I live in that property while the tenant pays my mortgage? Property is located in the central valley. Thanks in advanced.

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