Yep, good luck with that right now... since they raised the min loan and min house value it cut off many of my exit strategies, and is a real challenge for attempting BRRRR in many of our Ohio cities. 

Conceptually think of house hacking in the NYC metro as a reduction in rent.It all boils down to the numbers, but if the direct property costs (mortgage + insurance + tax + capex/repairs + vacancy) - the income (rental income) is less than your rent, you are effectively saving yourself money, aka "rent saving"I did this in 2014 in Westchester county (different location, different time, different market), but effectively cut my rent in half.Regarding Basit's suggestion, I would follow this ONLY if your cashflow from the other market is greater than the "rent saving" in NYC on a per dollar invested basis.Joe

My assumption is you are in overages on renovations which may need to be drastically cut back. 

But please don't let them talk you into cutting down a healthy tree. 

But with COVID and higher rates I know a lot of banks/credit unions have cut back on some of their products, so I guess PenFed did too.If you are based in FL you can try Space Coast Credit Union.

If you locked in a better interest rate when you bought the house then you might end up loosing it  and replacing it with the current higher interest which could cut into your cashflow. 

The granite was cheap - around $300 for an 8' x 25" slab, which I cut and finished myself.

a dozen or more times.Bad surprises - The basement flooded, which meant water got into and messed up the furnace in late December, crazy rain and windstorms meant water getting through the new roof and leaking into the ceilings, a family of skunks found their way underneath the house, joists in the basement were cut out for a water line, which needed some structural repair before the bathroom could be completed.  

Lots of landlords just leave it to the tenant.Major outdoor things like cutting down trees or similar: landlord.

They changed it over to cards from coins which cut down on thefts.