Here are the important factors to consider for a house hacker of a 2-4 unit property when using the program:NACA’s eligibility requirements consist of the following:No member of the household can have an ownership interest in any other property at the time of closing,Occupy the home over the life of the NACA mortgageParticipate in five actions and activities a year and at least one prior to NACA Qualification and one prior to closing in achieving NACA’s overall mission of economic justice; andBe willing to abide by NACA’s terms of membership, participation, and eligibility.Occupancy requirement:At the time of closing, the house purchased with the NACA mortgage must be the Member’s only home.

@Evan GaterAre you buying the asset at foreclosure from a junior lien or you buying junior liens prior to foreclosure?

Additional prior to move-in deposits: Cleaning Deposit $400.

Seems there is no real long term interest in what this investment could provide back, especially allowing the properties to go under as well as losing other properties prior due to same cause.

This further showed why we performed so much research prior regarding selecting a location for this venture.

The problem is my other cabin that used to knock it out the same way every year, even prior to Covid, has now dropped.  

For instance, some may require prior experience in operating STRs, while others may be open to first-time operators.

., your lender instructions and loan docs should be clear on that.

B will likely depend on if this was your initial investment with GVA or from a prior investment that sold and 1031-exchanged.

Sales are down 1% from the prior year.