The property is zoned as a SFR house and likely in a neighborhood of the same.Was the property not appraised by the bank when you got your mortgage?

I would like to get into house hacking another small multifamily as soon as possible.

Quote from @Matthew Posteraro: Me and my wife are aiming to start our real estate investing journey with our first house around June/July in the Lehigh Valley area.

Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).

I am a complete rookie to the real estate scene, I am looking to house hack for my first residence out of college.

If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.

Even if you only averaged 2.8% appreciation annually, which if you've had it 20 years I have no clue how that's true given prices have well more than doubled in that time, youre skipping over the fact that you have been benefiting from that appreciation on the ENTIRE house, not just the % you paid for.  

I was in a similar situation for my second house hack.

We are looking at a house that is being auctioned next week in Gulf Shores.

Purchase price: $232,000 Cash invested: $200,000 Sale price: $575,000 I purchased this single-family property and undertook extensive renovations, including excavating a new foundation and reframing the entire two-story house.