FOR PEOPLE WITH A TECH SALARY AND A LANDLORD
What would it take to stop paying for housing?
I put $160,000 down on a house and rent out the spare rooms. Those rooms bring in about $60,000 a year. This is the math I ran before I did it — you can run it on your own numbers right now, and I don’t need your email for it.
Your number
$0/mo
At $317,364 your payment is $2,200, and 2 rooms bring in $2,200. You cover the difference.
That is $2,200 a month you are not handing to a landlord — $26,400 a year.
- Most a lender likely allows
- $457,984
- Price your rooms fully cover
- $317,364
- Rental income
- $2,200/mo
The rent is the limit here, not your income. You could borrow more — it just would not pay for itself, and that is a different decision than the one this page is about.
Estimates only, and they are the conservative version: PMI is charged above 80% loan-to-value, and only your salary counts toward qualifying. Lenders do credit rental income, but usually on multi-unit property with signed leases rather than rooms in a house you live in. Real quotes come from a lender, not from a page on the internet.
The number is the easy part
Knowing the price doesn’t tell you how to save the down payment on a salary, how to get pre-approved without getting denied, how to pick a layout that doesn’t make you hate living there, or how to screen someone you’ll share a kitchen with.
Put your email in and I’ll send you the parts you can start on now — the down payment plan and what to do before you talk to a lender. If you’d rather not do it alone, the mentorship has a track for exactly this.