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12 February 2025 | 11 replies
If you buy junkers and fix them up, you can make much larger returns.
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3 February 2025 | 3 replies
Primary home is a little easier but for FHA and other programs it requires 12 months title seasoning.There is something called delayed financing that if you purchase a piece of land and pay for the home "All Cash" without a mortgage you can get up to 80% LTC.
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5 February 2025 | 2 replies
@Bryson Ragsdale search "house hacking biggerpockets" in spotify or the Podcast app and that should bring up the ones that talk about house hacking!
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29 January 2025 | 6 replies
Even if you rent the house for $2,000 a month, you will still lose because of maintenance, vacancies, and the expensive mistakes common with newer investors.You can borrow up to 70% of the equity.
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29 January 2025 | 107 replies
Over the next 7-10 years, these properties will fluctuate up and down in value based on the current economy; however, real estate will move up and to the right over time.
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3 February 2025 | 7 replies
Last time I checked, the prices did go up.
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10 February 2025 | 10 replies
i think this is a decision only you can make. im in a similar boat (house hacking my primary) and considering renting the whole thing out to get a solo home for myself. certainly a lot of appeal in that, given how much work goes into the house hack. but whether or not the numbers on cash flow align is up to you. personally i dont think $150 (seems like about 12%?)
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1 February 2025 | 3 replies
This is more of a reach goal for me since I am still in my "collect 4 green houses before trading up to a red hotel" stage, but I thought I would ask the hive mind anyways.