Property #1 Update - House is Hacked! Now what?

[Ty Martin]

Hi BP family!

-I settled on my first property back in March, below are the details:

-FHA loan, 3.5% down

-Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both bedrooms are rented to longtime friends who have been extremely reliable, tidy, and all-in-all great roommates.

-With my current situation, the numbers are working really well! (Mortgage+HOA fee + Utilities) - (Rent) = ~$250~ a month out of my pocket to live with my good friends. Not bad if you ask me!

My question for you all, BP family, is what would you suggest for property #2? I'm going to leave this wide open and not mention any of my current plans, that way I can really feel the pulse of the community. Thanks everyone!

[Lauren C.]

Congrats, Tyler! Super excited for you! Property #2 is where I'm struggling as well. Another house hack, a row home in camden, a triplex in Philly, a single family out of state? So many options!