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Updated almost 2 years ago,
NYC Area House Hacking
I'm trying to figure out some of the best cities/neighborhoods in the NYC area right now for a house hack. Where are you guys seeing some success? Here is what I am looking for in terms of criteria:
- Under $900k
- My own space (whether that is MF, an ADU, finished basement, etc)
- 1.5 hour MAX commute to Manhattan
- B- to B+ areas
I am mainly just looking to make a dent in my housing expense and I understand that positive cashflow is pretty unlikely. This would be my first investment and I'm not afraid of a property that needs some work, but the extensive rehabs I would like to stay away from. Any suggestions you guys have would be great - willing to look in any boroughs, LI, North Jersey, Fairfield County, etc!