Step 1: Buy the Right Home

Written By Michael Kumi

Most homes don't work well for house hacking; use the (ASMRS) rule to find the perfect home for house hacking:

A - Adequate parking large driveway/cul-de-sac, 4+ cars

S - School District is a plus and allows you split family rentals

M - Minimum 400sq ft per person

R- Relaxed HOA without rental, trash, or car restrictions

S - SFR & multi family > condo & townhouse. More bedrooms the better (does not affect DTI!*)

Current examples:

385 Lexington Dr, Lawrenceville GA 30046

  • Flat ranch duplex, sq ft

  • 4/4, >$360k

  • Ample parking

  • Discovery high 4/10

4132 Deerbrook Way, Lilburn GA 30047

  • Ample parking

  • 5/3.5 >$375k

  • 2700 sq ft

  • Good school district 8/10

  • Light HOA, $65/annually

Michael Kumi
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Step 2: Finance Your Home