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Updated over 1 year ago,
Suggestions to house hack
Hey how’s it going everyone? Could someone please give me some advice?
So I'm trying to scale up and acquire more doors, I have 2 rentals I've acquired through tax deeds already but I'm currently stuck trying to get to 3. I'm ran into a hiccup in my current primary home! I used my Va loan to acquire this home with hopes to BRRR after this year, I refinanced and started on the rehab but got ahold of a bad contractor (all my fault) and he beat me out of 35k. I have about 50k in equity but I can't tap into it because of my dti ratio on my credit is too high. The downstairs is basically unfinished because of the contractor, but at this point I don't mind selling my primary or doing a lease option. I would like to sell my primary home and acquire a multifamily to house hack.
Any suggestions?