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All Forum Posts by: Brent Geubtner

Brent Geubtner has started 3 posts and replied 6 times.

Post: Two houses on one lot

Brent GeubtnerPosted
  • Pittsburgh
  • Posts 6
  • Votes 1

Thanks for the reply Theresa!

Post: Two houses on one lot

Brent GeubtnerPosted
  • Pittsburgh
  • Posts 6
  • Votes 1

I'm looking into a property that has two seperate houses on the same single lot. Is this a tax advantage over having two lots (one for each property)? I'm figuring that paying for one lot is better than paying for two in terms of taxes. Are there any other implications to having two houses on one lot that I may not be considering?

I've been renting out a bedroom in my primary residence since the start of 2023. I'm looking to get a loan for my first non-owner occupied rental property but my current lender is telling me my debt to income ratio is too high due to my student loans and mortgage. He is telling me the border income I am getting from the house hack does not count as income to help outweigh my debts. Is this true? Is it maybe because this income hasn't been captured in a full year's taxes yet?

@Trent Dues I drive by there all the time actually. Good to know, I'll check out their page. Thanks!

Thanks @Jeremy Taggart and @Nicholas L. if I get off work in time I'll make the drive down and check it out! I'll take a closer look at Beaver county ACRE too.

Are there any investors in Beaver County that would be interested in getting together to connect, share ideas, network, and possibly even form partnerships?

I'm currently house hacking and trying to get my first non-owner occupied rental. I know there are networking groups like ACRE and Pittsburgh REIA but I get the feeling that I'll be paying a membership fee to get talked at for a couple hours which is not what I'm looking for. If there are any other like-minded investors out there, maybe we can get something new (and free) started!