Both of our properties have about 100k in equity in them so we were thinking about using getting a HELOC on the duplex rental property and use that money for the down payment on the next property.

Im thinking of pushing my 2024 tax deduction to 2025 as a way to reduce it a bit.

I think it should be the GC’s.  

i think the unique quirks of it made it scary for some investors.

I think if you have the free version there is no chance to save older BP Calculations.

It’s great that you’re starting young and thinking about creative financing—that’s key when capital is limited.

Due to the current interest rates, you probably can't live for free, but you can definitely learn how to house hack in that first year, reduced your personal housing costs, learn the rent by room/co-living strategy on-site, and then probably break-even after move out, but most importantly, it is possible to make that work in 2025 with today's rates.It just takes being open-minded and willing to be flexible for the 1st year.  

What do you all think?

So the fact you’re already thinking about using your sweat equity to add value is a great sign.Even though you found this deal on your own, a solid realtor can do more than just open doors for showings.

Love that you’re thinking long-term and thinking about leveraging house hacking to speed things up—a great strategy for building wealth and replacing W-2 income.I would imagine that cash flow is tighter in Salt Lake City, but don’t let the 1% rule discourage you—it’s more of a guideline than a hard rule.