However, we typically use the FHA-203k loan because it involves a renovation, which I highly recommend if you are looking to really boost your equity and have the cost of the renovation wrapped into your loan with a VERY LOW AMOUNT OUT OF POCKET.I like the FHA loan, but honestly, the Fannie May Home Style is an even better product at this point because you just have to bring a bit more cash to the table 5% vs. 3.5% (w/ FHA), but you have a bit more flexibility.  

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

So, like everything in life, the work you put in is what makes you successful here.

Hi all, I've been housing hacking a duplex since 2021 and due to some life changes will be relocating out of state.

@Vanessa Lule I think your biggest hurdle is getting someone over the barrier that you have limited investing and life experiences.

I know many of us didn't get into this game until later in life so my hat's off to you.

In the long run, Roth-style retirement accounts beat the Traditional retirement accounts.

There are lies everywhere in life, even some right on this forum!

This isn’t about chasing high-growth markets; it’s about addressing systemic issues that impact quality of life and economic stability.

The key will be to remain flexible, understand the local market dynamics, and position themselves to take advantage of the eventual boom when the project comes to life in 2025.