As property values appreciate and rental income increases over time, you'll continue to build equity and wealth.Overall, renovating and renting out a basement as part of a house hacking strategy can be a smart way to leverage your home to build wealth and achieve financial freedom.

This is where a lender will review your financials and see how much loan you'll get approved for.

To start, nothing is out of of your reach financially if you have the education and network.

However, they would probably be financially better off selling and using the proceeds to live on.

Hey @Hayden Thomas, lots of great REI-savvy tax professionals here in the comments and BP in general.Do you have organized financials you can hand your tax filer so they can file for you?

I have been doing my fair share of readings but i have a lot of questions that pop up and wonder who i can reach out to More info on my financial status if anyone is willing to give recommendations:10k in roth ira3k in high yield savings (paused to pay off debt)6500 in student debt200 ish in credit card debtestimated 4.5 months to pay off. 2 current part times (only been at each a year)expect to go full time on 65k salary working at brick and mortar bank and use college transcript as 1 year and pay stubs as other forms of evidence of a jobfather will be able to aid 20k as gift and if need be added as a cosigner for better approval rates.my goal is to save 50k, debt free and look for houses, however, could this be done sooner with other thank you for any and all advice !

If it's a 5+ Unit, Commercial property, appraisers will value the asset based on income. 

The LLC protects your personal assets from liability of your business.

Welcome to A Skeptical Dude’s Take on Real Estate: a frank, hopefully insightful, dive into real estate and financial markets.

Like many of you, I own SFH and looking to acquire or exchange for other asset classes mainly in Alabama.