@Ron Flatt you’re right , After hearing you guys out and crunching numbers I decided to bail out.

Of course you would crunch numbers to see which will work out in your favor depending on each property option you analyze.FYI- You are not the only one who believes in the power of house hacking!

🎉I recently made the leap to a pro membership here as I've been immersed in the complexities of real estate number crunching.

Some properties can't be financed, some sellers are in a time crunch and need the cash immediately.

As I have been crunching the numbers over the past few days, I agree that it is better to have the purcahse and renovation cost fully funded rather than partially.

.- Assuming a $200k house with 20% down and $200/mo cashflow,  - If you throw cashflow at mortgage every month, you will pay it off in 20.5 yrs as opposed to 30  - You definitely increase net worth faster by doing this (an extra $3,948 at year 10, which is pretty small, but still something compared to the total $24,000 cash you would have saved over the course of 10yrs at $200/mo)  - You hit $80k in equity at 6yrs 5mo as opposed to 6yrs 8mo    - this is the real advantage because it allows you to acquire another property faster, but there is a very small difference here- Overall, I would say following about this strategy:  - only do it if you are confident that low-interest fixed-loans will be available 6-10yrs down the road when you would be looking to refi    - would be a shame to lose that advantage for the small extra advantage of paying down mortgage over that time period  - this still seems like a no-risk, no-tax savings account or bond    - instead of parking extra income (from job or whatever) at bank with minimal returns while waiting to buy another property, "invest the money in your mortgage" by paying it down   - I suspect this strategy might start to look better if you had an extra $1-2k/mo from job to put into this to really supercharge equity which is what David was talking about in book, but I'd have to crunch numbers more           - of course, have to make sure that refi closing costs won't wipe out any gains, and you don't risk losing a low rate fixed loan as @Robert Purcell said    - also, I suspect that nominal stock market returns of 7-10%/yr would outperform this (even with capital gains) because the money will be invested for 6yrs before pulling out for a new down payment (which means long-term capital gains as opposed to short-term and you have a better chance to smooth out stock market cycles so portfolio doesn't crash when you want to liquidate and use it as a down payment for property), but I'd have to crunch numbers more- Interesting idea to tune results, but I don't think I'll use it any time soon.

if you are looking to flip and the numbers work dont let money stop you. dont try and work your way into the best loan with best interest and the best fees etc. just do a few dozen call to different lenders and hard money and crunch your numbers , pick the one that works best and just go for it, huslte it correctly and hard and you will make money but if you miss it because of analysis paralysis you never willhope this helps.

I will keep that in mind as I crunch the numbers and try to get a quality property on the market that turns a profit and can get me equity to get the next one.

As of now, they would be live-in flips just so that I don't have an extra mortgage and a time crunch to finish.

After crunching the numbers (and having a hard time getting a DSCR loan at 80%) we decided to hold on to it to sell.