East Harlem and Northern Manhattan House Hack - Is it possible?
Hi BP, I'm a RE broker who's looking to purchase his first investment property. I think there's great upside potential in East Harlem and Northern Manhattan (Hamilton Heights, Washington Heights, etc), and as a single guy, I love the idea of doing a house hack. Is it possible to buy a 2-4 family townhouse/SRO that needs a total renovation and BRRRR/house hack it?
I'm running the numbers and I can't quite make it work, so if anyone has any insight or experience in the neighborhood, please share. Thanks in advance!