House hacking can reduce housing costs and build wealth by providing tenants and property appreciation.

Also, they have drastically reduced their audits the past several years due to significant manpower cuts.

@Mateo GarzaHouse hacking and live-in fix and flip are two strategies in San Antonio, offering steady income and reduced living costs.

The loan programs you are reading about are PURCHASE loans with 10% down not refinance ones which reduces the loan to value even further down. 

It’s also prudent to review and update your properties' safety measures, such as installing fire alarms and security systems, as these can sometimes help reduce insurance costs.

It's true you get a tax deduction for your mortgage, but you also pay taxes on whatever else you decide to do with that money.I would list all of your known investment opportunities, what you think the after tax returns would be, and a risk level 1-5.If paying the mortgage is a clear standout on that list on a risk/reward basis, I would spread out the $60k over a period of time and apply it to principal.You might have other goals like cashflow or reducing risk which might weight towards paydown also.

They both took a month to sell, sold for WAY below initial asking price (we had to price-reduce, which we had never had to do before).

You are probably well acquainted with Airbnb and how great it can be at helping you earn rental income from your home.You are also likely well acquainted with the phenomenon dubbed “host fatigue,” where the sheer volume of work (10 hours per week!!)

Hey Corey,Here are some pros and cons of your optionsSeller Financing + Separate Renovation LoanPros:Low Down Payment & Interest Rate: This could significantly reduce your initial cash outlay and make monthly payments more manageable.Cons:Financing Rehab: You might consider a personal loan or a home equity line of credit (HELOC), though these often come with higher interest rates.

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.