Updated over 6 years ago on . Most recent reply
House Hacking Criteria
We are new to REI. We are looking at house hacking.
We can't seem to figure out if any of the BP can accurately help us decide if it is a good deal.
We can buy a house that has been renting the upstairs and downstairs separately for about 6 years. We plan to live in the downstairs apartment.
What criteria do we use to know if this is a good deal?
We are already paying the same amount as the basement rental price without that money building our equity.
We wouldn't need to rehab it at this time. I believe we can get it for about $100k under the current value.