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Updated over 9 years ago on .

User Stats

17
Posts
3
Votes
Steevee Reroma
  • Canoga Park, CA
3
Votes |
17
Posts

Lender/Investor question

Steevee Reroma
  • Canoga Park, CA
Posted

Hello, 

I would like to find out if this will be a good "house hack" 

Property 1: 

4 plex $839,000 

unit 1 2+2 - renting 1,045 

Unit 2 1+1 - renting 985

Unit 3 1+1 - renting 875

Unit 4 1+1 - renting 875 

Property 2: 

2 houses in a lot - $634,000

house 1 - 4+2 - renting $2600

house 2 - 2 + 2 - renting $1850

I am not sure if this is FHA approved, but if it is, how much will be the mortgage payment?

will i come out positive if i live in one of the units? (biggest unit)

Thanks for your input!