Updated over 1 year ago on . Most recent reply
House hacking down payment
I'm trying to understand how house hacking is so profitable, putting down so little money, 3.5% or 5% would make for a hefty mortgage payment wouldn't it? Thanks for any input in this.
Most Popular Reply
The goal of house hacking is to reduce your living expenses as much as possible while having other people pay for your mortgage. It is still okay to lose money every month!!! As long as your negative cash flow is about equal to what you would be spending on rent, it is a good deal. This is because you will pay down your mortgage, the property will appreciate, etc.



