Alexandria, VA is a great spot for house hacking!

We're working with a new construction builder who has an in-house lender (Austin, Texas area).

It doesn't cover any loss of income due to your rental being repaired.

You would be committing mortgage fraud if you knew that you only intended to live in the house for 6 months before taking a job opportunity in another state.

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

Assume a couple of months of vacancy, consider potential unexpected repairs (like HVAC or plumbing issues), and test the numbers with rents dropping by 10-15%.

I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

Hi Joshua,We do have a current house in Idniana worth around 120K.

Own 10 rentals in Columbus Ohio and building another 21 new build single family houses in Florida that will be a clean BRRRR that will be free and clear.

Ultimately you will have to sell your house at a discount.