All Forum Posts by: Kenneth Quattrocchi

 Right. This would qualify as "getting creative" for me :) I was wondering/hoping if some were able to rent by the unit (2-4 unit) and still cash flow

South Florida is a red hot seller's market as well, but it's much easier finding deals that could work there. Adding an extra $500-600/mo in property tax makes a huge difference.

Does anyone have any experience or insight into traditional house hacking or small multifamily rentals in large Texas markets? With the high property taxes, I'm finding it very difficult to get anything close to cash flowing fully rented without doing something creative. I'm looking at Houston in particular, but I imagine the same goes for DFW, Austin, San Antonio, etc.

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Does anybody have any experience or familiarity with piggyback loans? Are there any special qualifications (looking at small multifamily)? I'm reading that the smaller mortgage usually has a higher interest rate than the larger mortgage--what might be typical interest rates for someone with a credit score of 760+?