All Forum Posts by: Kyle Poodiack

Thank you all for the feedback. When I did the calculations for the property I was looking to have reduced living costs when living in the house, but eventually cash flowing by the time I move out in 3-5 years. @Matthew Dennehy I agree the market has a lot of overpriced properties that are under performing. My issue is, the houses that are performing well are all under contract or have multiple offers.

Hello!

This is my first post on BP and I am very new to Real estate investing. I am currently looking to buy my first home and want to owner occupy part of a multi-family residence. I am in New Hampshire in the seacoast area where there seems to be limited inventory currently. My question is, is it a bad deal not to be cash flow positive if I am owner occupying or should I look for a deal where I can live and cash flow at the same time. (Ideally I would be buying in the next 2-5 months).

Thanks!