Wow what a gas and the power of cell phones!!

The rise of FAANG+Nvidia stock is giving lot more buying power to some tech employees although layoff is also widespread. 

When I dare to be powerful – to use my strength in the service of my vision, then it becomes less and less important whether I am afraid.”R.E.I Christopher McCann

The power of networking was put on full display as one of the biggest takeaways from the event was showing that your potential is unlimited with the right team and goals in mind.

The agent you spoke to is probably referring to the crazy boom of the covid years where buyer's literally had zero negotiating power. 

You don't know how many times I coul get conventional loan in this way.In my case, my actual DTI is very low, but the way the gov calculated the income is so 1990-style that it doesn't reflect our true buying power.

NOTE: Did not factor rental appreciation, property appreciation, inflation, etc. so don't beat me up on the numbers BP :) This is just to show the power of building HH stack and leveraging dept.

However, we're having doubts because: 1. we wouldn't be able to afford the PITI on our own for longer for >6 months without the help of rents, so we're depending on the house hack to be able to afford this house, but not sure if that's a bad thing or not and 2. not sure if this house is too much house for us financially and we're in over our heads about what we can afford.We've been super excited about this place until we realized the issue with the illegal basement and now we're overwhelmed with the thought of potentially not even moving forward with the house.

I understand it can be overwhelming just starting out and then trying to deploy such a large sum of capital.

Surrounded by deals, build up your arsenal so you not only have the knowledge to take action, but the resources both from a capital and a human power standpoint to capitalize on the situation.