All Forum Posts by: Christopher Sykes

Hey Jared,

I see what you mean about the numbers not looking like they're going to work out for you (or anyone!). As it stands you'd only be subsidizing your rent, not living "rent free", and certainly not seeing any positive cash flow. 

My guess is you'll have a hard time finding a deal where you can see positive cash flow while occupying half of a duplex. Your best bet would be to keep an eye open and find a foreclosure that you could rehab while renting the other half, then switch units and rehab the other side. Of course the feasibility of something like this relies heavily upon your skill set and/or rehab budget...the more you can do yourself the more return you'll see.

How determined are you to house hack? What's your current rent? Would it make more sense to not house hack and instead rent both sides of the duplex while continuing to rent yourself? If your current rent < potential duplex rent then this might be the way to go.  Of course that might make financing trickier. 

Good luck!