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Updated over 9 years ago on . Most recent reply

User Stats

79
Posts
14
Votes
Jacob Casarez
  • Wholesaler
  • Columbus, GA
14
Votes |
79
Posts

How to finance my next live and flip/house hack

Jacob Casarez
  • Wholesaler
  • Columbus, GA
Posted

I am just over a year into my first house hack/live and flip deal. My brother and I owner occupy the property and rented out 3 rooms in the home for a total of $1,250/month utilities included. Almost cashflowing out the mortgage of $1,371. We would like to move out of our existing property into a new owner occipied house hack. Therefore renting out our two rooms and cashflowing out handsomely on deal one. Do we have to show months of rent rolls? How can we do this? Any information helps. Thanks!

Most Popular Reply

User Stats

79
Posts
14
Votes
Jacob Casarez
  • Wholesaler
  • Columbus, GA
14
Votes |
79
Posts
Jacob Casarez
  • Wholesaler
  • Columbus, GA
Replied

Yes, the rental income is claimed. Is there a quicker way or alternative route??

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