New to multi family Investing... Is this a good deal??

[Crystal A.]

Good evening, I am looking to purchasing a multi-family home & house hack in the DC metro area. However, this area is really expensive.

I have read:

Building wealth one house at a time

Quit your F**king Job

Real estate: 25 best strategies

Rich dad’s guide to investing

...And a couple others...

Type of Financing: VA loan

Housing Allowance Pays the mortgage... So cash flow will be upwards of $2,000 per month with both units rented... This seems like a good deal for the area... Please provide any thoughts? Comments? Or advice?

https://www.zillow.com/homedetails/114-Forest-Ave-Catonsville-MD-21228/36197357_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

[Joe Norman]

I would caution you to not factor your housing allowance into the deal analysis. Make sure its a good cashflow property without the allowance before moving forward!