.✔️ You’d rather pay for peace of mind and legal compliance.Final ThoughtsIf you’re house hacking a small multi-unit (like a 2- or 3-flat) and are comfortable being hands-on, self-managing can be a great way to save money and learn the business.

We couldn't close and had to have (and pay for) a re-inspection, even though the hurricane did not come anywhere close by.

To get around this some folks will purchase the vehicle in an LLC and then sell the LLC, and this is not breaking the agreement.The same thing would apply here.

So they price those homes at what a willing homeowner will pay for their personal residence.

You are paying for it with a higher rate.

@Jordan Moorhead I know of many single-asset syndications as well as funds that pay distributions but have negative operational cash flow.

For a 30 year Conventional loan, I'm at 6.5% rate (6.808% APR) for a duplex, 95% LTV, 780+ FICO, owner occupant.And I'm assuming they're paying $2k of your closing costs - not your down payment.

Or I'm missing something - followed threads about the conversation from different folk, though.I wanted to get to visit Niagara Falls - Canada side for the week of Christmas to New Year and been looking at the hotels.

Kody, you need to investigate the Pace Subto group and pay to get in. 

My two partners are willing to pay their share, but they’ve also offered me the option to take over the property completely since the loan is in my name.Here’s my dilemma: If I keep the property and rent it out, I could get around $2,300 in rent, but my mortgage is $3,300 at a 7% interest rate.