I don't know, it sounds kind of weird but my friend is kind of freaking out about potential liability since the lien was literally placed on the house essentially hours before closing.This is being made all too complicated.  

If you decide to keep your house, you can do an IRRRL after you have made at least 7 payments on your new mortgage.

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

From my experience working with over 400 investors, those who start with house hacking scale much faster.Good luck!

It's something the wife and I are considering, mainly because our house flooded during covid and after the Austin ice storm. 

It’s an item in our roadmap, but maybe I just need to prioritize it to the top of the list in 1H 2024.Bottom line is that I allowed us to stop supporting it several years ago, in a decision I wish I could have back. honestly, I used to use the app personally as well.

The place I have is over 30 years old and a mansion ("mansion" in Japan means an apartment, not "mansion" like a huge house). 

Over the years, with personal investment alongside investments from family and friends, I’ve been able to build a small portfolio of apartment buildings with a focus on cash flow through strong operations.

Definitely a personal preference.

There's no difference in a local flipping a house than flipping the small mixed-use building that is vacant in town into a couple commercial units and some apartments above.