Hey all,
Looking to FHA 203K a duplex / triplex in the JC area. Question is - is that the appropriate financing lever, or should I get a conventional FHA as it would be my first purchase?
The other units rents would...

You will receive most if not all your benefit in year 1.Year 1 is where you will spend money furnishing the house and potentially taking bonus depreciation via cost segregation study.Year 2 and onwards, assuming you got a performing asset is where things will reverse tax wise and you will likely be reporting positive taxable income.

Hey all,Looking to FHA 203K a duplex / triplex in the JC area. Question is - is that the appropriate financing lever, or should I get a conventional FHA as it would be my first purchase?The other units rents would be ...

Next, I plan to house hack my my triplex.

The second agent helped me buy the house originally.

I have a 4/2 1550sqft rental (1945 build) that I’m considering selling to potentially build two 2/1 ~700-800sqft houses.

Learning how to invest in a house isn't that complicated.

STR Friendly After that I'd definitely narrow down the type of surrounding area you want for this house.

Can I live in my garage and rent out the rooms in my house?

Our Agent knew we were beat up buyers since we lost 3 homes prior and switched agents..The agent influenced us to go non contingent offer waiving everything… if we wanted to win the house.