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Updated over 6 years ago on . Most recent reply

Juan Rubio's profile image
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Juan Rubio
  • from Lake Worth, FL
  • Member since Aug 8, 2017
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Juan Rubio's profile image
Juan Rubio's profile image
Juan Rubio
  • from Lake Worth, FL
  • Member since Aug 8, 2017
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Juan Rubio
  • Lake Worth, FL
7
Votes |
45
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Innovative Strategies

Fha house-hack in Miami a good idea?

Juan Rubio
  • Lake Worth, FL
Posted
Is buying a small multi family in Miami to house hack as a college student a good idea? Help!
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Michelle Bright's profile image
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Michelle Bright
  • Realtor
  • from Chicago, IL
  • Member since Jun 16, 2014
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Michelle Bright's profile image
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Michelle Bright
  • Realtor
  • from Chicago, IL
  • Member since Jun 16, 2014
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Michelle Bright
  • Realtor
  • Chicago, IL
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137
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Michelle Bright
  • Realtor
  • Chicago, IL
Replied

House hacking, in my opinion, is always a good idea! Go for it! You don't have to have 100% of your expenses covered for it to be a good deal. Our current house hack is taking care of 2/3 of our mortgage. We live in Chicago, also an expensive city like Miami. 2/3 of our mortgage being paid helps us a lot. Saving $900 from what we were paying in rent. Plus we bought a flip so all of the work has been done. 

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