Alternative I have a daughter up in Davis that we could help house hack…

Exercise caution and explore alternatives before considering them

Just had my current LT tenant commit to another year so we will reevaluate again towards the end of 2025.GregI was thinking you can alternate between STR and MTR to maximize the ROI.

I was going to take the FHA route try to get a unit property, but my problem is my DTI is high due to my student loans and a car payment so now I am a little discouraged on how I can get started and also get funded my Linda informed me that I can use an alternative person for the income, but I don’t have no one to use it just me and my income is not good enough so I’m not sure on what to do as far as breaking into Real Estate  I feel like it’s just not going to happen for me 

Always keep in mind the alternative, the bank has no duty to sell for less than what the open market will bare for the asset.

But alternatively, you can hire a manager if the home is big enough to support their salary.

Alternatively, get creative with finding the cash.

Alternatively, if your project wraps up quickly and you’re less concerned about pulling cash out, a rate-and-term refinance could be another option.Happy to connect if you have more questions!

Other than that not too much you can do, the only alternative post-closing would be to offer cash for keys for someone to move out quicker, but if it's short notice to vacate period like 15-30 days than it's probably cheaper to wait. 

And then we negotiate with the owners on the "owner financing" options that they would give to us (if they are even open to it).If someone needs "private financing" or "alternative" financing...we can still make our normal realtor commission here and then they can show for any property.I hope some of what I am saying makes sense.