Then use that money to buy properties in cash from motivated sellers, close the purchase super fast (use this to your negotiating advantage to make the deal more profitable), rehab (target a light-moderate job mostly cosmetic), and then you might be able to BRRRR profit but if it's not THAT profitable, then sell.

I've seen it discussed lightly on the forums but never looked into it too much.

It may be necessary to modify your renovation budget in light of local market prices.In conclusion, house hacking in NYC requires careful consideration and research.

This stunning remodeled home, minutes from the beach, features a beautiful rooftop deck and bright living spaces seamlessly integrating indoor and outdoor living.

This stunning remodeled home, minutes from the beach, features a beautiful rooftop deck and bright living spaces seamlessly integrating indoor and outdoor living.

@Anthony Theokary As we’ve already stated this is a complicated scope of work that shouldn’t be taken lightly and truly hope this message is received.

This stunning remodeled home, minutes from the beach, features a beautiful rooftop deck and bright living spaces seamlessly integrating indoor and outdoor living.

This stunning remodeled home, minutes from the beach, features a beautiful rooftop deck and bright living spaces seamlessly integrating indoor and outdoor living.

Central air conditioning offers numerous benefits, including increased energy efficiency, improved indoor air quality, and better overall comfort for tenants.

Issues with the property at closing: low water pressure, aging roof, several lights not working, dated interior, water stain under HVAC unit, damaged decking (burn hole & rotting boards), old appliances, holes in drywallAnticipated cost to renovate:  $22500 (includes roof, repiping from old galvanized pipes, renovation of currently empty unit)  The currently occupied unit is TBD on cost, the tenant has been in place for the past 3 years.