House Hacking in Westchester(Yonkers) NY
I’ve recently got the ball rolling to try an upscale from a one bedroom co-op unit into a multi-family property. Preapproved for a considerable amount of money assuming a two family unit outputting $2K/month rent roll from one unit while I pay the difference if I occupy the second. The $2k is definitely a conservative estimate for rent. I have access to easily over $100K in liquid capital not including anywhere from $60-70k in unrealized equity should I sell my co-op(which is the intention.) Getting pulled in so many directions on how to play this. Just want a decent living situation for me and my family.