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Christopher C. Evans
Pro Member
  • Reading, MA
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House hacking: upper versus lower end of my budget?

Christopher C. Evans
Pro Member
  • Reading, MA
Posted Jul 11 2018, 05:05
Hello Everyone, I’m new to Bigger Pockets and looking to start my first house hack later this year in the Boston area, which is a tough market. I’m in a position where I can either aim to buy closer to Boston at the low end of an excellent area (at the top end of my budget) or I can buy in a reasonable area (North of Boston) in the middle of my budget. From the numbers, both areas typically won’t cash-flow positively at first given my down payment, but it really depends on the specific property. I think aiming for the middle of my budget makes more sense, but is there an advantage to buying in an excellent area at the top of my budget?

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