At 29, I’m working toward retiring in 15 years by acquiring 10-20 rental properties using house hacking and the BRRRR strategy.

But they were selling an expensive house in California and had horrible credit.

If the house has all major components in working order a few cosmetic items doesn't make it not livable.

This is literally the entire reason these companies exists - to get this stuff right.As for why, I have no idea why there has been an uptick.

A 5 unit multi family and a duplex plus my dad's house.

Quote from @Vanja Dimitrijevic: Hello, I've been researching BP podcast and resources and am looking into buying another property to downsize from the current one but wanted to use the equity in my current house to purchase a new house in the area.

I have seen this same house that is vacant (all the classic signs) I have located the owner ( I have not reached out to her yet).

I found houses that had not been well kept up.

So I just closed on a duplex a couple days ago & Im going to be house hacking.

The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.