The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

The catch is I bought in Dec 21, put renters in in Jun 22 and didn’t try to mortgage it until Nov 24.

Your mortgage company gets paid off first and then it's up to the homeowner to secure a construction loan to rebuild. 

Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?

I have a robust team of mortgage lenders, title companies and RE attorneys.

The rental income from the first home will pay for the mortgage/monthly costs.  

Mortgage notes at 12% with no headaches are the way to go.

Current mortgage is $2,850, but will be coming down very soon to $2,600 thankfully.

I had specifically asked for numbers including mortgage payments and they emailed to me.