When we acquired out triplex we added quiet hours into the lease which has been helpful. 

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

These will get energy rebates on top if you have an energy code consultant help with the process. 

-Youtube, Google, and ChatGPT: I often find myself looking up videos or asking ChatGPT about terms I am unfamiliar with, which has been a great help so far.

If you are an expert in using rental property calculators and can help me discern which one might be the most accurate, please let me know.

This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.

Only the gain from the time you used the property as your residence qualifies for the primary residence exclusion.Happy to help look at or run through any scenarios!

Hi All,I am new to this forum and looking for some help with this issue that i have with my condo that is rented out.

These strategies help you maintain your current mortgage while acquiring additional properties.Good luck!

I’d say give both a shot and see which platform fits your style better.Hope that helps!