Updated 9 days ago on . Most recent reply
Advice on house hacking in Massachusetts
Im seeking advice on a current townhouse I am looking to get into in Massachusetts. I am pre-approved for about 530k but really interested in a turnkey townhouse for about 599k and will be getting roommates to supplement/cover the mortgage. The place is 4b3b and will be renting 3 rooms
The monthly mortgage will likely be around 5.1k - 5.3k and I only bring in 5.4k a month, hence the roommates to cover about 3.5k to 4k
Is this too much of a risk for a first time buyer, knowing how expensive Massachusetts is.