Quad Analysis: Deal or No Deal
Considering house hacking a Quad with an FHA loan. The purchase price is $325k and rents from 3 tenants will be approx. 2500/month and will jump to about 3600 with all 4 units rented out. The water meter is not currently spilt so unless i split them I would be taking on the water. Also needs about 25k in repairs initially from hurricane damage. Would you considering this a buy or no???