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Updated about 2 years ago,
Questions/Opinions on MTR in Denver and surrounding areas
Hello,
We are looking for our first house-hacking primary residence to buy and its been hard to try to find a property that cash flows based on BPR calculator. Does anyone has experience with MTR in Denver as of recently such as traveling nurses, insurance contractors, Furnished Finder? How effective is it to MRT an ADU or a basement that's fully redone? We are having trouble to committing to one due to not being able to break even and not having 3-6 months of mortgage payment in case of vacancy which would wipe out most of our savings. I know there are laws around MRT in certain cities/counties, which ones would you recommend to look for MRT but also have it be your primary residence? We are planning on buying the property with FHA loan (850k) and using HELOC as down payment and keeping the residence which we are currently in and rent it out as LTR