Counter argument:Paying off a house reduces risk by eliminating mortgage payments.

I understand this eliminates the "self sufficiency" test that the FHA requires for 3-4 units - which is great news. 

It makes financially a ton of sense, it eliminates your biggest living expense - rent.

A first priority would be to find a way to house hack and eliminate her housing payment.

So, unless we detect and have proof of actual fraud, let’s eliminate the word fraud when referring to these programs/gurus in our posts.  

By not having completed the quiet title, you eliminate any potential buyer who would need a loan, so make sure you have a good pool of buyers before you take that risk.

If you are a real estate professional, you may potentially be able to buy some rental properties, perform cost segregation studies and eliminate the taxable income.The issue, is in a couple more years, your PM company will likely be more profitable and you will have rental proprties with reduced depreciation, further increasing your tax burden.

I am currently in the process of eliminating all my debt (about 7000) and then resume my savings.

One way to cut costs in your monthly budget could be by eliminating memberships, subscriptions, etc.

Purchase price: $390,000 Cash invested: $25,000 House hacking is a strategy that involves reducing or eliminating your housing costs by renting out a portion of your residence.