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Updated almost 2 years ago,
Househacking in Austin, TX market. Need expert advice!
Looking to be within 20 minutes or so of downtown Austin, TX and running out of options that fit in my budget. I have roughly $30k to put down and finding SFH rent by room is my best option in this market. Is the investment/purchase worth it if I'm still paying $1000-1400 to live in my own home with 3 roommates. I've found a new construction 4B3.5B I like… I'm currently paying $1800 in rent. When I move out of the SFH and rent out my room, I'd be breaking even or losing 200-300/mo. Duplex/triplex is out of the question… nothing on the market that fits what I'm looking for. Thoughts?