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Rick Giuly
  • Rental Property Investor
  • Detroit, MI
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Considering house hacking duplex in Richmond, CA bay area

Rick Giuly
  • Rental Property Investor
  • Detroit, MI
Posted Oct 25 2017, 15:40

Hello,

I'm considering this school house converted to duplex (1910) as a house hacking project, which I live in one unit and AirBnB the other.

Do you think this is a "good" idea. For those who know the city, any gotchas? For example, is crime not bad?

My goal would be to recover mortgage cost and pay net about zero. It's 359K, and I would use an FHA load at 3.5% down.

Location 318 S 35th St, Richmond, CA.

https://www.zillow.com/homedetails/318-S-35th-St-R...

Thanks very much

Rick

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