Purchase = $310,000.

If you cash out refinance you incur (more or less) all the lending fees associated with a financed property purchase (even though you are just refinancing the property you already own), and then you incur significant fees when you sell the property (closing costs, commissions, etc).  

Your traditional bank in most instances is going to take the loan and resell it on the secondary market.For House Hacking, my favorite concept is  purchasing a duplex, triplex or quadplex, you accomplish 2 things in 1 step, you get a roof over your head, and at a minimum you get someone else to help pay for your mortgage, and when its time to move out, you already have your 1st investment property under your belt.

Purchase a business property such as an automotive repair shop.

Hey there,I'm almost ready to purchase a house hack and have found some good deals right off the MLS.

Theres maybe 1 or 2 funds that will purchase loans down to 50k . hard money is an option .

I most likely wouldn't purchase there but it is nice to look to see whats available.

The landowner will have a great negotiating position when you have built and maintained a rental property and are desperate to renew your lease or purchase.

I did the same thing I would click an episode and if wasn't them I would go on to the next one.

This allows me more purchasing power and I still have peace of mind being able to see the property as I am just starting out and want to learn more, (rather than leave it to a management company).3.