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6 February 2025 | 6 replies
I've seen some people house hack a single family home by renting out the rooms, but keep in mind that traditional lenders would not be able to use the income from renting out the rooms (known as boarder income) towards additional income on the application.
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1 February 2025 | 5 replies
Quote from @Vince Scipione: Yes, they are a popular choice where I live and work, however with the ever fluctuating cost of oil heat, many people have swapped over their boilers/furnaces to what is called a "Propane Gun" essentially it is a device that is affixed to the front of the furnace/boiler that injects the propane and ignites it.
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28 January 2025 | 9 replies
I haven't heard of any, but met with a few people in the twin cities last year.
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21 February 2025 | 6 replies
Some people will mistakenly use the word MOBILE home to describe a MANUFACTURED home, but those are very different things when it comes to financing them.
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13 February 2025 | 13 replies
Interested to see what people say.
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18 February 2025 | 9 replies
You could then again qualify for the Section 121 Exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes.I think that people can get rich in this way without any tax burden.
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4 February 2025 | 1 reply
Most people assume that house hacking means living in a 2 bedroom 1 bath duplex.
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3 February 2025 | 1 reply
Starting to get competitive though for investment properties because of that reason you have more and more people entering the market from out of state.
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29 January 2025 | 8 replies
(The same reason many people (maybe mostly men?)
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4 February 2025 | 2 replies
Then I work with a local insurance broker give them a valuation of the property, explain that the property is being rented and by how many people.