.- I think by the time, its new business model would be tested by market and new winner would be elected.It's all interesting and good for customer LOL

As mentioned, ensure that client is working with a lender that will refund any remaining 2/1 buydown funds in the event that they refinance before the 2nd year is up, since my crystal ball says that's (beep boop boop) about 87.2% certain to happen (Barry Habib, two three time crystal ball award winner [literally, and among other accolades], agrees btw, though his crystal ball unlike mine does not have the scienterific precision to pin it at 87.2% exactly).

I am an active duty Marine, I work from 4:30 am to 8:00pm.

I plan to convert my Surf City house into a long term rental soon (long term since my HOA currently does not allow STRs).I am an active duty Marine and have been in for almost 10 years. 

STRs are something I would definitely be interested in as well, although looking up north, especially in Marin and Sonoma, they seem to be cracking down on STRs.

Over the span of 5 years you will have paid $77,220 towards rent.However, you’re $22,500 downpayment invested into the S&P index fund at our assumed rate of 10.13% compounded annually will be worth $36,236.48Leaving you a net living cost of $36,236.48 – $77,200 = ($40,963.52)Overall numbers after 5 years of house hacking:Expenses include: Principal, Interest, Taxes, Insurance, Repairs/Maintenance, and Private Mortgage Insurance.You will have paid $164,239.76 towards your principal and interestYou will have paid an estimated $20,914 in property taxes and insuranceYou will have paid $5,400 in private mortgage insuranceYou will have paid an estimated $10,859 towards repairs and maintenanceFor a total expense of: $164,239.76 + $20,914 + $5,400 + $10,859 = $201,412.76However, here are the positives to your net worth: Appreciation, Loan Paydown, Rent payments from TenantsYou’re home will have appreciated to an estimated value of 560,7812 an increase of $110,782You will have paid down your loan by $26,742Your tenants will have paid $154,439 in total rentThe total benefits add up to: $110,781.87 + $26,742 + $154,439 = $291,962.87House Hacking net worth boosters minus expenses = $291,962.87 – $201,412.76 = $90,550.11(The home equity for year five is calculated using the downpayment + appreciation + loan paydown)House Hacking Vs RentingHouse Hacking net worth after 5 years: $90,550.11Renting net worth after 5 years: ($40,963.52)Leaving you a net worth benefit of $90,550.11 – ($40,963.52) = $131,513.63Here is a screenshot from our calculator on the difference in monthly payments between Renting vs House HackingThe winner is clear.

I actually find it interesting to study other people and see how they think, what they value, and why.As a syndicator myself I would rather do 10 great deals a year than 17 and have 4 be duds, 9 okay, and 4 huge winners.

We have a winner. 

🌟Let's dive into the Billy saga: I've rocked it with the US Marine Corps, spearheaded projects with NextEra Integrated (a top commercial solar company) as a site manager, and even had a stint as a warehouse manager for a top material storehouse in NJ.

I used 3/4” marine plywood running from stud to stud.