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Updated 7 months ago, 04/18/2024

User Stats

38
Posts
23
Votes
Beth Anderson
Pro Member
  • Geauga County, OH
23
Votes |
38
Posts

Is it smart to buy a house hack that we couldn't afford without the rental income?

Beth Anderson
Pro Member
  • Geauga County, OH
Posted

I looked at a house today that would easily be subdivided into a 2/3 bedroom home and a 1 bedroom apartment. But we could not personally afford the mortgage on this place without a renter. Do I keep investigating or skip it? Is there a general rule about how much of the mortgage you should be able to pay yourself?

Thanks!

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