If your rental income increases faster than inflation, you will have the additional dollars you need to pay inflated prices.

You may have to make modifications or additions in order to get that signed off.

I prefer an assignment @William Causey as it keeps me off the chain of title and any issue(s) that go with being in the chain, as well as any additional expenses related to a doublel close.

Additionally, creative revenue streams like adding storage or premium amenities can boost NOI.

Thanks for the info.

@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.

$800k at a couple extra percent means it’s costing you AT LEAST $16k PER YEAR in additional interest.

Some info that would be helpful to know would be the value of the house and outstanding mortgage amount.Yeah, I’ve been trying to rent out the other room, but I’m not sure how to market it without the hassle of having two different roommates.

I noticed this thread was updated around nine months ago, and I stumbled on it today while poking around for info on Opportunity Zone Funds.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.