All Forum Posts by: Michael Teagarden

I have been looking at purchasing a side by side duplex to house hack in the greater Minneapolis area but the numbers don't work based on current prices and rates. I am analyzing the deal to see what I would pay while living there and how it will perform when I move out. While I live in the unit it would cost more than what my current mortgage is and when I move out and rent both sides it will negative cash flow. Every deal I analyze has a significant negative cash flow and at very best has low negative cash flow (-$50/mo).

Am I analyzing these deals wrong? Should I be factoring in something else when analyzing these deals? Is anyone else experiencing the same? 

I would like to get into a house hack but from what I am seeing in the numbers it just doesn't make sense right now.  

Thanks,

Mike