Updated almost 8 years ago on . Most recent reply
Using Your MFH Investment Property to Help....Your Mom...
Hello all!
I am having a difficult time making a decision and I would love some input.
My situation:
I am 24 and house hacking a 4-unit property. My plan is to fill all of the units and move out in 1-2 years to maximize cash flow.
My mom has been living in the basement of a friends house for over 3 years and she is ready to move out but the problem is she only makes just above minimum wage so she cannot afford to live on her own...
Initially I bought this property to make money but I am now finding it can be a huge help to her...
What do I do in this situation?
My cash flow would surely hurt but I would be making my mom happy :)
Cash Flow w/out Mom: ~$1,400/month
Cash Flow w/ Mom ~$600/month
I would hate to put this decision into numbers but it's an investment so I am torn.