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11 May 2021 | 19 replies
@Chris Mason Quick question: if primary residences aren't held to the cap, would that mean a house hacker could potentially buy a property with a conventional loan each year as much as he or she wants since they are all primary residence mortgages?
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19 September 2018 | 7 replies
other than paying on line I am old school I don't APP anything LOL I don't want hackers snatching my info..
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14 September 2021 | 59 replies
@Gene Hacker No I didn't pay any fees but I can't help to think it was a waste of time.
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4 September 2018 | 3 replies
Hi All, I'm so excited to have found bigger pockets thanks to my brother. My brother and I had been house hacking before we knew that term. He rents two of his rooms in Nashville, TN while pursuing his PhD and I liv...
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27 June 2019 | 20 replies
Great news for all my house hackers out there!
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12 September 2018 | 3 replies
Agree with @Michael Hacker, the extra weight might be your biggest concern.
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8 August 2018 | 6 replies
But understand the houses that are in bad shape will have less I do like people that are willing to move and participate in a owner-occupant people involved and do a "house hacker" loan with a lower down and have tenants next door.
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13 January 2020 | 8 replies
@Randi Plevy or @Michael Hacker - Did you end up doing this or have you done this JV partnering before?
4 March 2019 | 11 replies
@Jeff Cagle @Joseph Lopez @Gene Hacker I'm new to REI and am looking for my first property.
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15 August 2018 | 0 replies
. $9,450. 30-year fixed, Interest Rate: 5% Rental Income: $3,900 We will be living in one of the units, but for the sake of the analysis I am going to calculate both units as rental income and factor in my costs at the end.2 Unit: $1,600 + 3 Unit: $2,300 = $3,900/moTotal Expenses: $2,832 Operating Expenses: $1,434/moMortgage Expenses: $1,398/moResults Monthly Cash Flow: $1,067/moMy Unit’s Rent: - $1,600/moOur Cost of Living: -$533 / 2 house hackers = $266/mo.Biggerpockets Property Rental AnalysisIn conclusion, if this house hacking plan is accurate and realistic, I would cut my monthly living costs from $850/mo to $233 (excluding utilities), and would have purchased my first rental property.